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As investors grow concerned that Iranian sanctions may leave the market short of crude oil, November Brent crude futures now trade at a premium of $0.47 over the December contract, highest since May. ...
Brent oil holds in red on Thursday and pulls back from previous day’s high at $80.10 (the highest since 22 May). Rising concerns about slowdown in global energy demand on growing trade tensions betwee...
The bank lifted its long-term price forecast for Brent crude for the first time in 15 months due to a slowdown in supply from the world's largest oil producers. With Middle East crude markets also tig...
Oil futures rose on Wednesday, with Brent reaching $80 a barrel, after a larger-than-expected drop in US crude inventories and as US sanctions on Iran added to concerns over global oil supply.
Oil has risen above $80 a barrel to its highest level this year amid concerns about supplies from Iran and a fall in US stockpiles. Brent crude rose more than 1% to $80.13 - the first time it has brea...