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Economy

Brent rises to 110 dollars amid supply concerns

Brent crude futures rose $1.21 to $110 a barrel in QNA’s 21 October Singapore market update. US crude gained more than a dollar to $99.

Archive or illustrative image: an oil tanker. Not a photograph of the current event.
Archive or illustrative image: an oil tanker. Not a photograph of the current event.

Brent crude futures rose $1.21 to $110 a barrel in QNA’s 21 October Singapore market update. US crude gained more than a dollar to $99.

The report linked the move to concerns about Middle Eastern supplies. These figures are an intraday snapshot rather than final settlement prices and can change as trading continues.

Archive or illustrative image: an oil tanker. Not a photograph of the current event.

Source: qna.org.qa.

Photo credit: ImagePerson.

Wikimedia Commons — CC BY 4.0. Resized and converted to WebP.

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