Thursday 28 March 2024
 
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Supply Disruption

Brent little changed above $107

Brent futures were little changed above $107 a barrel on Monday as concerns surrounding demand growth were countered by a weak dollar and fears about supply disruptions. Investors have been rattled by a slowdown in China, and are

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Oil in sight of $120, buyers take less Iran oil

Oil stayed within sight of $120 a barrel on Tuesday as world consumers grappled with supply disruptions ranging from Iran to Sudan to the North Sea. Oil also rose briefly after Europe's much-awaited bailout of Greece. But while the deal r

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