Tag: brent oil price

Brent crude oil prices cross $100 as Middle East conflict raises supply concerns. (Reuters)
Posted in Business

Brent oil price crosses $100: Why Middle East conflict is driving crude prices higher

Brent crude oil futures crossed $100 a barrel on Wednesday, reaching their highest level in more than six weeks. The price touched $100.19 a barrel…

Continue Reading
Oil prices rise as Middle East tensions threaten global crude supplies. (MINT FIle photo)
Posted in Business

Oil prices surge 3%: Why Brent is nearing $100 as Middle East war risks grow

Oil prices climbed to multi-week highs on Tuesday as fears of a wider Middle East conflict grew. Brent crude rose to around $99 a barrel,…

Continue Reading
OPEC+ keeps oil output unchanged as Iran war pushes Brent crude closer to $100. (Pexel/Representative image) (Pexel)
Posted in Business

Why OPEC+ kept oil output unchanged as Iran war pushes Brent toward $100

OPEC+ decided to keep its oil production policy unchanged for October at a meeting on Sunday. The decision comes as the group faces a highly…

Continue Reading