Occasional Digest

Oil trends toward biggest weekly gain since July; ING raises price forecast

Energy Crisis or Oil Price Concept with US Flag and Industrial Barrels

Worawith Ounpeng/iStock via Getty Images

  • Crude oil is on track for its largest weekly gain since July as escalating tensions between the U.S. and Iran raise fears of extended supply disruptions through the Strait of Hormuz.
  • Brent traded (CO1:COM) above $95 a barrel and was

Source link

Exit mobile version