The price of Brent crude oil has once again exceeded $90 per barrel… (баррель · нефть · цена)
The price of Brent crude oil has once again exceeded $90 per barrel amid the escalation between the US and Iran. The price of Brent crude oil on the London ICE exchange surpassed $90 per barrel for the first time since June 11.
Consensus
- Oil prices, specifically Brent crude, rose above $90 per barrel for the first time since mid-June.
- The price increase is linked to escalating military conflict between the United States and Iran on the Middle East.
- Traders are factoring in risks of reduced physical oil deliveries to Western Europe and Southeast Asia.
- Futures contracts for Brent crude traded on ICE London exchange were affected by the geopolitical tensions.
- WTI crude futures also rose during the same period.
Points of divergence
- The U.S. military conducted a ninth series of strikes against Iran overnight, according to CENTCOM. — interfax
- Iran's Revolutionary Guard Corps launched a missile attack on the Muwaqqar Salih airbase in Jordan, home to a major U.S. tactical aviation unit. — interfax
- An Iranian Foreign Ministry representative stated that Tehran received new proposals for crisis resolution through intermediaries and that diplomacy continues alongside military actions. — interfax
- UBS analyst Giovanni Staunovo noted that oil lost gains despite reduced shipments via the Strait of Hormuz, due to comments from Iran's Foreign Ministry about receiving new proposals. — interfax
- Economist Guzel Protsenko predicted Brent could reach $100 per barrel if the conflict escalates to full blockade of the Strait of Hormuz. — vesti
- Iran is attacking oil tankers in the Strait of Hormuz, prompting U.S. strikes on Iranian military infrastructure. — meduza
- At least three U.S. military personnel were killed during recent Iranian attacks on a base in Jordan. — kommersant
- Iran has struck oil and gas infrastructure in Kuwait, and the U.S. has expanded its military presence and strike range across Iran’s infrastructure including bridges. — kommersant
- U.S. military concluded a wave of strikes against Iran on July 16, targeting observation posts, air defense systems, logistics infrastructure, and naval bases. — vedomosti
Coverage (20 sources)
- Brent trades at $88.39 per barrel — Интерфакс
- Economist Protsenko forecasts Brent oil price rise to $100 — Вести
- Brent oil price once again exceeds $90 per barrel amid escalation between the US and Iran — Meduza
- Brent crude rises to $90.19 per barrel — Интерфакс
- Brent crude oil price exceeded $90 for the first time in a month — Коммерсантъ
- Brent oil price exceeds $90 per barrel for the first time since early June — Вести
- Brent crude oil price on London's ICE exchange exceeded $90 per barrel for the first time since June 11. — ТАСС (Telegram)
- Brent oil price reached $85 per barrel — Ведомости
- Brent remains in the negative and trades at $84.6 per barrel — Интерфакс
- Brent crude rises to $85.31 per barrel — Интерфакс
- Brent crude rises to $85.53 per barrel — Интерфакс
- Brent oil price exceeded $87 — Коммерсантъ
- Brent oil price exceeded $86 per barrel — Ведомости
- Brent oil price exceeded $86 for the first time since June 12 — Коммерсантъ
- Brent fell to $81.1 per barrel — Интерфакс
- Brent oil price fell below $82 per barrel for the first time since March — Ведомости
- Brent crude oil prices fell to $82.78 per barrel — Интерфакс
- Brent remains in negative territory and trades around $83.1 per barrel — Интерфакс
- Brent crude oil price fell below $84 per barrel for the first time since March — Коммерсантъ
- Brent crude oil price falls below $86 per barrel for the first time since March — Коммерсантъ