-+ 0.00%
-+ 0.00%
-+ 0.00%
Brent Breaks $100 for the First Time in Nearly Two Months
Share
Listen to the news
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon.  As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.25% to top $100 per barrel. At $100.12, this was the highest level Brent has reached since July 24, when the first of several re-escalations in the Middle East hiked oil prices. The U.S. benchmark, WTI Crude, was also rallying, rising by 1.80% to…
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending