The Story
News Summary
- Crude oil recovered to close higher amid pre-holiday short covering, ongoing US-Iran tensions, and Russian refinery outages.
- Bullish drivers like dropping Saudi exports and worsening supply deficits were balanced by US naval escorts through the Strait of Hormuz and Saudi Aramco's decision to freeze October Asian pricing.
Explore BRENT price history & advisor snapshot
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Stored market data
BRENT price history
104.61
+64.07% over the displayed period
Advisor Snapshot
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