Brent crude remains below $100 despite Middle East supply disruptions as alternative routes, higher non-OPEC output and weaker demand offset shortages.

US-Iran clashes hit tankers, choke key Gulf route and lift crude prices

Oil prices inched higher on Tuesday as conflict in the Middle East continues to intensify, disrupting global oil supplies for over six months now. Brent crude was up 0.05%, or…

Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf exporters utilize alternative routes and…

Brent crude remains below $100 despite Middle East supply disruptions as alternative routes, higher non-OPEC output and weaker demand offset shortages.

Brent crude is now just a heartbeat away from the $100-a-barrel mark. The global benchmark has continued to inch higher towards the psychologically important mark but is yet to…