Author page: The Situation Report

Oil prices open at $100/barrel on Monday as war in Middle East continues

WASHINGTON, United States — Oil prices kept rising as markets opened Sunday, with both benchmarks higher as the war in the Middle East disrupts global supplies. At around 0015 GMT, the US benchmark West Texas Intermediate was up 0.01 percent at $98.72 a barrel, while the price of Brent, the international benchmark for oil, was up 0.6 percent to $103.76. On stock…

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