← All stories
Markets 1 sources

Crude oil forecast: Brent tests $90, but a demand shock could change trade

Covered by 1 source · 1 article

Oil prices rose on Monday as the breakdown in US-Iran diplomacy and a sharp slowdown in tanker traffic through the Strait of Hormuz restored a geopolitical premium across crude markets. Brent climbed as much as 1% to $89.40 a barrel, while…

Covered by

All coverage

Crude oil forecast: Brent tests $90, but a demand shock could change trade
Invezz 2h ago

Crude oil forecast: Brent tests $90, but a demand shock could change trade

Oil prices rose on Monday as the breakdown in US-Iran diplomacy and a sharp slowdown in tanker traffic through the Strait of Hormuz restored a geopolitical premium across crude markets. Brent climbed as much as 1% to $89.40 a barrel, while…