Brent oil hits $114.69 per barrel
Brent crude oil prices have risen above $112 per barrel for the first time in more than five months.
Consensus
- Brent crude futures rose above $110 per barrel for the first time since May.
- Prices of Brent crude reached their highest level since early May.
- The price increase was driven by geopolitical tensions in the Persian Gulf.
- Houthi attacks on Saudi Arabia contributed to market concerns.
- U.S. and Israeli military preparations for potential strikes on Iran were cited as a factor.
- Saudi Aramco evacuated staff from its headquarters in Dhahran and shifted to remote work.
- Market analysts expressed concern over potential supply disruptions.
- WTI crude futures also rose, though to a lower level than Brent.
Points of divergence
- Brent reached $114.69 at 14:11 MSK, with a 1.34% increase. — interfax
- Brent reached $114.39 at 10:05 MSK, with a 1.08% increase. — vedomosti
- Brent reached $113.38 at 20:50 MSK, with a 4.19% increase. — vesti
- Brent surpassed $112 per barrel for the first time in over five months. — tg_rian_ru
- Brent exceeded $111 per barrel, marking the highest level since May. — thebell
- Brent reached $109.77 at 21:52 MSK, briefly hitting $110 for the first time since 20 May. — vm
- Trump stated that the U.S. is not currently negotiating with Iran and promised 'something will happen soon'. — interfax
- Houthis launched ballistic missiles and drones at Saudi defense ministry in Riyadh on October 22. — vedomosti
- The U.S. State Department announced evacuation of part of its diplomatic staff from Saudi Arabia. — vesti
- Iranian officials stated they have no alternative to controlling the Strait of Hormuz for national security. — thebell
- At least 18 ships were attacked in the Strait of Hormuz over the past two weeks. — thebell
- Saudi Aramco will fully fulfill European buyers' orders in November after pipeline restoration. — vm
Coverage (20 sources)
- Brent rose to $114.69 per barrel — Интерфакс
- Brent oil price broke the maximum since May 4 — Ведомости
- Oil continues to rise, Brent at May high - at $113.9 per barrel — Интерфакс
- Brent price exceeded $113 per barrel for the first time since May 5 — Вести
- Brent oil prices rose above $112 per barrel for the first time in more than five months. Even at the beginning of August, prices were below $79. — РИА Новости (Telegram)
- Oil Brent rose almost to $112 per barrel — Интерфакс
- Oil Brent rose to $112.5 per barrel for the first time since May 18 — Ведомости
- Brent oil prices have risen above $112 per barrel for the first time in more than five months. — РИА Новости (Telegram)
- Oil Brent rose to $111 per barrel — Интерфакс
- Brent rose to $110 per barrel amid evacuation of US diplomats from Riyadh — Вести
- Brent price rises above $111 per barrel for first time in five months — The Bell
- Oil accelerated growth, Brent trades above $111 per barrel for the first time since May — Интерфакс
- Oil prices rose to a maximum since mid-May — Ведомости
- Brent rose to $109.92 per barrel — Интерфакс
- Oil prices fall on news from the Middle East — Ведомости
- Brent oil price rose to $110 for the first time since May 20 — Вечерняя Москва
- Oil Brent approached $110 per barrel due to concerns over diesel shortage growth — Ведомости
- Brent oil price has already risen above $107 per barrel. It managed to cross this mark for the first time since mid-September... — РИА Новости (Telegram)
- Brent rose to $106.72 per barrel — Интерфакс
- Brent rose to $106.39 per barrel — Интерфакс
Key entities
- Moscow
- ICE Futures
- INTERFAX.RU
- Brent
- USA
- Middle East
- Saudi Arabia
- NYMEX
- Ormuz Strait
- Bloomberg
- ICE
- Iran
- Donald Trump
- State Department
- Mohammad Reza Aref
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