Oil supported by Persian Gulf supply risks
ING strategists note that oil prices remain supported as traders focus on Middle East and Persian Gulf supply risks rather than the Russia-Ukraine energy ceasefire. Brent has pushed back toward $107/bbl amid hurricane-related disruptions in the Gulf of Mexico.
Original · FXStreet AI summary of public reporting
Why: Persian Gulf supply risks → oil prices supported
Loading market data…
Recent signals
No matching events
Prices since publication
At publication → CurrentBRENTOIL102.40 → 102.01−0.4%