Oil Tops $110 for First Time Since May as Supply Risk Grows
Macro·1 article across 1 outlet
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Brent oil hit $110 a barrel for the first time since May as prospects for imminent supply relief dwindle. This surge prompted traders to ramp up bullish bets ahead of the weekend.
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“Brent oil hit $110 a barrel for the first time since May as prospects for imminent supply relief dwindle, prompting traders to ramp up bullish bets ahead of the weekend.”
Bloomberg — Oil Tops $110 for First Time Since May as Supply Risk Grows