Brent crude oil barrel closes above $100 for the first time since 2022

The Brent crude barrel, an international benchmark for oil, closed Thursday above $100, an unprecedented event since August 2022, at the end of a session marked by concerns related to the war in the Middle East. AFP The price of the Brent barrel jumped 9.22% to $100.46 [...]

Brent crude oil barrel closes above $100 for the first time since 2022

TL;DR

  • Brent crude closed above $100 per barrel for the first time since August 2022.
  • The price surge is linked to concerns about the war in the Middle East.
  • Brent crude advanced 9.22% to $100.46.
  • West Texas Intermediate (WTI) crude rose 9.72% to $95.73.