Brent Edges Up 0.7% to US$101 as Petrobras Falls
First reported 7 Oct, 00:48 UTCUpdated 14h ago3 sources
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Oil edged up on 6 October as Saudi supply risk offset the G7 reserve release. The EIA sees Brent at US$105 in Q4; Latin American producers fell.
Excerpt from The Rio Times
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Rising oil prices, now exceeding 1%, raise alarms over potential storm disruptions affecting U.S. oil production and refineries. With Brent crude passing $101 per barrel and WTI crude hitting $90.38, concerns are amplified by supply issues from Saudi Arabia and mixed signals on U.S. inventories. Coupled with ongoing…
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- Oil prices rise as storms and air strikes threaten supply (opens CNA in a new tab)
- Brent Edges Up 0.7% to US$101 as Petrobras Falls (opens The Rio Times in a new tab)
Oil edged up on 6 October as Saudi supply risk offset the G7 reserve release. The EIA sees Brent at US$105 in Q4; Latin American producers fell.
- Brent crosses $101 as Saudi attacks, US storm add to oil supply concerns (opens The Times of India in a new tab)
Rising oil prices, now exceeding 1%, raise alarms over potential storm disruptions affecting U.S. oil production and refineries. With Brent crude passing $101 per barrel and WTI crude hitting $90.38, concerns are amplified by supply issues from Saudi Arabia and mixed signals on U.S. inventories. Coupled with ongoing…
