Brent oil hits $100 a barrel on Mideast war flare-up

Brent oil hits $100 a barrel on Mideast war flare-up

Brent oil hits $100 a barrel on Mideast war flare-up

The price of Brent North Sea oil, the international benchmark, topped $100 a barrel on Wednesday for the first time since the end of July, as fresh flare-ups in the Middle East war stoked supply concerns.

Brent jumped more than two percent to $100.19 a barrel, adding to worries about high inflation, before pulling back slightly to $99.90.

The post Brent oil hits $100 a barrel on Mideast war flare-up appeared first on Vanguard News.

This post was originally published on this site

About Author

Write a Comment

Your e-mail address will not be published.
Required fields are marked*