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Oil Prices Rise on Geopolitical Tensions in the Middle East

Oil prices continue to rise due to geopolitical tensions in the Middle East, despite easing fears of a wider conflict.

Oil Prices Rise on Geopolitical Tensions in the Middle East

CountriesIsraël
SectorPétrole
ThemePolitique & Géopolitique, Sécurité énergétique

Oil prices are rising, mainly due to geopolitical tensions in the Middle East. Brent North Sea crude for January delivery rose by 1.08% to $85.94 a barrel. A barrel of West Texas Intermediate (WTI) for delivery in the same month also gained, rising 1.16% to $81.96. This trend is being observed despite easing fears of a major conflict in the Middle East.

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Pétrole