TAG: red sea crisis
Crude oil prices to trade with upside bias over geopolitical tensions; Brent may hit $90-$95/bbl in near-term
Global crude oil prices rose sharply by 5.9 per cent over the past month crossing the $86 per barrel mark for the first time since November 2023 --responding to seasonal tightening in physical markets, supply cut extensions, and a pick-up in geopolitical...
6 months ago
Oil prices stabilise on weaker US dollar while investors weigh tighter Russian supply; Brent at $86/bbl
Oil prices steadies on Tuesday, March 26 as investors took a more mixed view toward the loss of Russian oil refinery capacity after the recent Ukrainian drone attacks while a slightly weaker US dollar offered some support to prices. The front-month Bre...
6 months ago