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Brent Crude Surges Past $100 as Morgan Stanley Warns of Stock Market Risks

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Brent crude surpassed $100 per barrel amid escalating Middle East tensions and depleted global inventories.
  • Morgan Stanley warned that higher energy prices and rising interest rates threaten broader equities and corporate margins, while boosting energy producers such as Exxon Mobil.
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BRENT price history

104.61 +64.07% over the displayed period

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