The Story
News Summary
- WTI crude pulled back 2.37% after an IEA demand warning, but major supply risks persist.
- Escalating US-Iran conflict, Houthi disruptions in the Red Sea, and drone strikes on Russian infrastructure have tightened global supply, widening the projected 2024 oil deficit to 1.7 million bpd.
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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