Oil & Gas
Brent Crude Price Hits $110: Why Shipping Risk, Not Scarcity, Is Driving Oil
The Brent crude price touched $110 as attacks hit Hormuz shipping and Saudi sites. Why emergency stocks buy time but cannot make tankers safe.
Analysis
- Brent$126.55/bbl 0.7714 Oct
- WTI$101.91/bbl 1.0514 Oct
- Henry Hub$3.22/MMBtu 0.0814 Oct
- Gasoline NY Harbor$2.987/gal 0.00114 Oct
- Diesel (ULSD) NY Harbor$5.066/gal 0.04814 Oct