Brent price jumped over 4% and hit the two-week high on Thursday, following further escalation in the Middle East and hurricane that cut US oil and gas production. Growing supply worries over the strongest attacks on ships in the Gulf and Strait of Hormuz (compared to Wednesday’s news that 81% of oil flow through Hormuz […]
The post Brent Price Rises Strongly on Renewed Tensions and Growing Supply Fears appeared first on ActionForex.
Americans have known for months that the coming winter would be difficult. Household budgeters have been able to focus their response to rising crude prices on just filling up their vehicles, but now that it’s Read more…
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