Brent crude rose to $109 per barrel in the first opening of trading in Asian markets after the weekend, and during additional trading it reached $119.5 per barrel.
This is the largest intraday jump since April 2020. He writes Bloomberg. Oil is trading at $119 per barrel for the first time since June 17, 2022. Notes Red blood cells.
Bloomberg too NotesThat the oil price reached higher values in March 2022 (more than $139 per barrel), and the historical maximum was set in 2008 – more than $147 per barrel.
Trump maleShort-term increases in oil prices are “a very small price to pay for the security and peace of the United States and the world.” He wrote that prices “will fall rapidly once the threat of Iran’s nuclear program is eliminated,” and described anyone who “thinks otherwise” as “foolish.”
The price of oil is $100 per barrel male Analysts expected a long-term war scenario in Iran (several weeks or more), but without a long-term closure of the Strait of Hormuz, one of the most important routes for exporting oil by sea. The multi-year war scenario, according to the same experts, assumes an oil price of $120-150 per barrel. Now the Strait of Hormuz remains effectively closed, although Tehran has not officially announced this. Analysts quoted by Bloomberg acknowledge the possibility of further growth in oil prices.