Brent Price Eases from New Multi-Week High on Signals of Potential Diplomatic Action

Brent price spiked to five-week high on Monday after gap-higher opening and break above psychological $90 barrier, in extension of last week’s 13% advance, before quick pullback of about $5 that reversed all overnight gains. Geopolitics were again key market driver, with growing fears of further escalation that would put the whole Middle East on […]

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