Brent rises 2.6% to $103.86 on Gulf shipping risks
Oil prices rose again Thursday. Front-month Brent crude oil futures gained 2.6% to $103.86 a barrel, holding above $100 after Wednesday’s sharp rally as markets assessed escalating attacks on Gulf shipping and renewed Houthi strikes on Saudi Arabia.
Oil prices extended gains Thursday, with Brent staying above $100 a barrel after Wednesday's sharp rally as markets weighed escalating attacks on Gulf shipping and renewed Houthi strikes on Saudi Arabia. 86 a barrel.