BRENT
Brent Crude
97.90
+1.68% (+1.62)
Updated 10:35 PMBRENT
97.90
+1.68% (+1.62)
Updated 10:35 PM
Why it is moving
Natural gas and oil are moving together, which points to a shared supply-route disruption rather than an oil-specific issue.
Updated 10:18 PM
Medium confidenceMain drivers
Houthi attacks and U.S. strikes on Iranian tankers are disrupting oil shipping routes
Evidence: Oil prices approached $100 amid Houthi attacks and U.S. strikes on Iranian tankers, while European natural gas prices rose to €75 per MWh ($25.5/MMBtu), the highest since 2022.
Open WTIEuropean natural gas prices rising alongside oil, suggesting broader energy supply concern
Evidence: Oil prices approached $100 amid Houthi attacks and U.S. strikes on Iranian tankers, while European natural gas prices rose to €75 per MWh ($25.5/MMBtu), the highest since 2022.
Open WTIRecent range
Recent low
79.45
Recent high
99.45
Recent range: 79.45–99.45.
The observed high and low of the recent price series, a reference range, not support or resistance.
Upcoming events
BRENT
Brent Crude
97.90
+1.68% (+1.62)
Updated 10:35 PM