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Mixed day for global equities as oil prices retreat
The main international oil contract Brent North Sea fell back under $100 Friday after surging past the key milestone the previous day on escalating Middle East strikes, helping US and European stock markets stabilize. Brent dropped about four percent to under $97 a barrel, having soared seven percent Thursday. The key US contract, West Texas Intermediate, declined more than three percent after having gained more than six percent on Thursday.
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france24.com
Oil prices surge on Mideast war, stock markets diverge
World oil prices soared Wednesday, with the benchmark international contract Brent North Sea crude surpassing $95 for the first time in nearly six weeks as the United States and…
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channelnewsasia.com
Oil prices jump on Mideast war, stock markets diverge
Brent crude rose above US$95 a barrel for the first time in nearly six weeks amid fears of supply disruptions from escalating US-Iran tensions.
