Brent Has Soared Above $100. Is This Just the Beginning?
The spread of the conflict in the Middle East has pushed oil prices above $100 a barrel. Previous market buffers, such as alternative supply routes and a decline in Chinese demand, are no longer effective. For more than three months, Brent traded below $100 a barrel due to reduced global stocks and Chinese imports, alternative […] The post Brent Has Soared Above $100. Is This Just the Beginning? appeared first on ActionForex.
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