Brent

Brent Crude Tops $97 as Oil Prices Surge on Supply Worries, Impacting Markets

by
Brent Crude Tops $97 as Oil Prices Surge on Supply Worries, Impacting Markets

Brent crude moving above $97 a barrel is the kind of move that quickly filters through trading desks, freight costs and inflation expectations. For MENA investors, oil prices matter not just as an energy story but as a read on fiscal strength, sentiment and the region’s broader risk appetite. The latest oil prices move came … Read more

Oil Prices Rebound 3% as Brent Nears USD98, Adding Pressure on Drivers and Airlines

by
Oil Prices Rebound 3% as Brent Nears USD98, Adding Pressure on Drivers and Airlines

A 3% rebound in oil prices matters far beyond the trading screen in the Gulf, where crude still shapes fiscal confidence, liquidity expectations and investor sentiment. The move came fast: Brent pushed back toward USD98 a barrel after a sharp one-day sell-off had dragged both major benchmarks to one-month lows. The immediate story is a … Read more