Categories: Business

Crude prices fall from six-month highs; WTI stands at $101 per barrel, Brent costs $115

Oil prices experienced a decline of over 1% after hitting six-month peaks, primarily due to geopolitical unrest in Saudi Arabia. Currently, Brent crude fluctuates around $115 per barrel, and WTI at $101.5 per barrel. The threat to energy exports and infrastructure from Houthi attacks raises alarm, while the Federal Reserve meeting looms, potentially addressing inflation amid climbing energy prices.

The News Vista

Share
Published by
The News Vista

Recent Posts

‘Vote for Netanyahu’: Trump urges Israelis to re-elect ‘outstanding warrior’ PM

HHNBAhead of the crucial Israeli elections, Donald Trump has thrown his support behind Benjamin Netanyahu,…

1 hour ago

‘I don’t think we can reveal on live TV’: Shadab Khan on chat with Haris Rauf

Shadab Khan led a remarkable comeback for Pakistan against England by scoring an unbeaten 113…

2 hours ago

Riyadh airport partially reopens: Saudi intercepts Houthi ballistic missile, drones

A Saudi-led coalition reported intercepting Houthi ballistic missiles aimed at Riyadh, claiming to protect the…

2 hours ago