Brent Oil Price Above $100 as Gulf Risks and US Storm Threaten Global Supply
The Brent oil price above $100 is proving difficult to shake as global energy markets face several supply threats at the same time. On Wednesday, October 7, Brent crude was trading around $100.93 a barrel, while US West Texas Intermediate stood at about $89.59. The market is balancing higher Middle East exports against continued attacks…