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WTI crude oil surged above $100 while Brent crude climbed back above $106 after escalating Middle East tensions reignited supply concerns. Discover why oil prices are rising, the latest WTI and Brent outlook, and where Australians can trade oil CFDs with the best trading platforms.
Oil has climbed back above US$100 a barrel as the Middle East conflict intensifies supply concerns. Discover what is driving the crude rally, how far oil prices could rise and the key risks traders should watch next.
WTI oil price rises above US$93 as Strait of Hormuz disruptions intensify. See the latest WTI oil price forecast, US$100 outlook and key levels for Australian CFD traders.
Brent crude has tumbled as hopes of easing tensions around the Strait of Hormuz reduce the market’s geopolitical risk premium. Discover what’s driving the sell-off, the key factors that could reverse it and what oil traders should watch next.