Browsing: Brent

Crude oil prices plunged on Wednesday, with Brent crude falling by about 10% as reports of a potential agreement between the US and Iran raised expectations of easing geopolitical tensions.

With Brent trading at $96 per barrel, oil prices declined on Wednesday, driven by easing supply concerns following US President Donald Trump’s remarks on negotiations with Iran.

Brent crude rose to $114 per barrel as oil prices increased on Thursday after Iran launched attacks on energy facilities in the Middle East amid ongoing tensions with the US and Israel.

Brent rose by 4% on Tuesday as the Strait of Hormuz Lockdown stoked pressures on the supply side. Oil prices increased on Tuesday

Oil prices surged on Thursday, with Brent crude approaching $100 a barrel following reports of an attack on two oil tankers near Iraq’s Basra port, raising concerns about potential supply disruptions in the Middle East.

Brent crude price topped $90 on Friday, reaching its highest level since April 2024, as escalating conflict in the Middle East heightened concerns over disruptions to global energy supplies.

Brent Crossed $83 as Iran Blocks Oil Shipping Channel Brent crude crossed $83 per barrel on Wednesday as Iran blocked…

Brent hit $80 per barrel on Tuesday as Middle East tensions rattled the global commodity market, raising supply risks and affecting energy costs.

Brent neared $72 per dollar per barrel during early trading on Friday as crude oil prices adjusted upward amidst geopolitical uncertainties.

Brent, WTI Fall as Crude Oil Market Pressures Ease Brent, U.S West Texas Intermediate (WTI) fell in the global commodity…