Brent crude prices rise as geopolitical risk premium returns
- 1Brent crude prices rose by approximately 7 dollars per barrel, closing the weekend at approximately 117 dollars per barrel.
- 2Brent and Dubai prompt premiums rose by two-thirds to approximately 5 dollars per barrel.
- 3China's crude oil imports have tentatively recovered to 2025 levels.
So what's the key point?
Brent crude prices rose to 117 dollars per barrel. The cost of buying crude oil in advance also increased.
Source Commodity Context · View original ↗
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