Energy
5.5
Brent holds above $109 as Middle East tensions and US inventory draw support prices
Published 23 h ago2 sourcesEvidence: Reported
SeverityModerateAssessedDeveloping storyInterfaxLow-rated sourceUS
Oil prices climbed over $1/barrel as Middle East supply concerns and ongoing ship attacks escalate, compounded by a draw in U.S. crude and product inventories. The market is pricing heightened geopolitical risk premium, though the magnitude of supply disruption remains uncertain.
Entities
Published 23 h ago2 sourcesEvidence: Reported
Published 2 d ago6 sourcesEvidence: Reported
Published 2 d ago8 sourcesEvidence: Reported
Published 2 d ago4 sourcesEvidence: Reported
Published 16 h ago3 sourcesEvidence: Reported
Published 1 d ago3 sourcesEvidence: Reported
Published 1 d ago2 sourcesEvidence: Reported
Published 20 h ago1 sourceEvidence: Unknown