The Story
News Summary
- Crude oil prices surged with Brent topping $108 and WTI crossing $104 after attacks shuttered Saudi Arabia's 7-million-bpd East-West pipeline.
- Escalating conflict in the Persian Gulf and Red Sea threatens critical export chokepoints, forcing Saudi Arabia to cancel select September cargo deliveries to European buyers.
Explore BRENT price history & advisor snapshot
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Stored market data
BRENT price history
108.55
+67.21% over the displayed period
Advisor Snapshot
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