Brent crude loses momentum after nearing $100
Brent crude has fallen below $97 after reaching nearly $100. Goldman Sachs raises its oil price forecasts.
Latest Brent news
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Oil surpasses 105 dollars due to tensions in the Middle East. The Houthi takeover of the port of Mocha worsens the situation in the region.
Brent crude has fallen below $97 after reaching nearly $100. Goldman Sachs raises its oil price forecasts.
Bankinter sets $100 as the alert threshold for oil and warns that the war with Iran will be long and intermittent.
Brent rises 2.6% to $93.37 amid tensions between the US and Iran. Wall Street falls and country risk hits monthly highs.
Analyst Juan Ignacio Crespo warns that liquidity in the markets has disappeared, with the Fed injecting $35 billion daily and reverse repo at lows.
Ibex 35 futures fall slightly due to Brent oil exceeding $90 amid rising tensions in the Middle East.
Brent crude exceeds 80 dollars due to US-Iran tensions. Oil stocks rise, but analysts recommend caution and limiting purchases.
Brent trades between $76 and $77, gaining weekly due to US-Iran clashes in Hormuz, though oversupply limits rises.