Bab el-Mandeb Risk Adds Third Chokepoint as Brent Tops $100, Complicating Gold Outlook
Houthi forces have reached Perim Island inside the Bab el-Mandeb Strait, adding a third chokepoint risk alongside a disrupted Strait…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
Brent Crude Oil
live price
109.267
+2.97%
Europe Absorbs Hormuz Oil Shock With a Three-Tenths-Point Growth Hit
The Strait of Hormuz has been effectively shut since March, driving Brent above $104 a barrel and up 58% year…
Oil falls Friday but heads for 8% weekly gain as diesel hits record
Oil prices fell on Friday but remained on track for a weekly gain of more than 8%, while U.S. diesel…
Gold Set for Weekly Loss of Nearly 2% as Fed Hike Bets Surge on Hot CPI
Gold headed for a weekly loss of nearly 2% on Friday as a hotter-than-expected August CPI report pushed the odds…
Saudi Arabia shuts down East-West oil pipeline after multiple attacks
Saudi Arabia shut down its East-West crude oil pipeline as a precaution after multiple attacks hit the line in the…
