Brent crude tops $113 as Houthi attacks on Saudi Arabia escalate
Brent crude climbed to $113.75 on Friday after Houthi attacks on Saudi Arabia, an Aramco headquarters evacuation and a Libyan pipeline shutdown deepened supply worries.
Stories tagged “brent crude”
6 stories on brent crude from MarketRadar.
Brent crude war premium holds near $104 as Hormuz tanker attacks hit weekly record
Brent futures traded near $104 a barrel on Friday, keeping a near-$12.50 premium over US crude, as attacks on tankers in the Strait of Hormuz reached their highest weekly count since the Iran conflict began.
Brent holds near $100 as Hormuz tanker attacks meet G7 emergency release
Brent crude is anchored around $100 a barrel as attacks on tankers near the Strait of Hormuz collide with a G7 plan to tap 100 million barrels of emergency oil and diesel. The market's verdict so far: a little lower, not broken.
OPEC+ holds November oil quotas steady as Gulf output sits 5M bpd below prewar
OPEC+ kept November oil output targets unchanged at its October 4 meeting, the second straight month of standing pat, as war disruption leaves Gulf output about 5 million barrels a day below prewar levels and Brent above $100.
Iran's oil minister quits as OPEC+ freezes November output
Mohsen Paknejad quit as Iran's oil minister on Sunday; NIOC chief Hamid Bovard takes over in an acting role, hours after OPEC+ froze November output for a second straight month.
Brent crude reclaims $100 as China halts fuel exports and US sends third carrier
Brent crude bounced back above $100 as China halted fuel exports and a third US aircraft carrier headed for the Gulf, keeping supply risk in the driving seat.