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Brent Crude Nears $100 as Middle East Conflict Escalates Supply Risks

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Brent crude surged past $98 a barrel and WTI climbed to $93.93 as escalating Middle East attacks fuel fears of prolonged supply disruptions.
  • Goldman Sachs raised its price forecasts, noting markets are increasingly pricing in sustained conflict and higher odds of oil exceeding $100.
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BRENT price history

104.61 +64.07% over the displayed period

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