Brent Crude Nears $120 as Middle East Supply Risk Builds
Brent crude futures settled at $116.72 on Friday, their highest since April 29, as Middle East security threats feed supply…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
Brent Crude Oil
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US Stocks Mixed After Tech Selloff as Brent Hits Five-Month High
US stock indexes were mixed on Friday as tech shares edged higher after Thursday's selloff. Brent crude rose to its…
US Rig Count Holds at 603 as Brent Climbs to $116.52
The US rig count stayed flat for a second week while oil prices climbed on Friday. Brent and WTI both…
Brent Crude Hits $117 a Barrel for First Time Since April on Iran Escalation Fears
Oil hit $117 a barrel on Friday for the first time since April as fears of a fresh escalation in…
Global Crude Freight Rate Surges Above $20 Per Barrel, Goldman Sachs Says
The global average crude freight rate has climbed above $20 per barrel, from $3 a year ago, according to Goldman…
