Brent Rises to $119.94 as Iran Port Blockade Keeps Oil Supply Stuck
Brent hit $119.94 a barrel and WTI reached $107.51 as traders priced in a longer Gulf supply outage.
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Brent hit $119.94 a barrel and WTI reached $107.51 as traders priced in a longer Gulf supply outage.
Brent hit $119.94 a barrel and WTI reached $107.51 as traders priced in a longer Gulf supply outage.
The U.S. leads crude output at 13.2 million barrels a day, but it still relies on foreign sources for 15 vital minerals.