Brent Rises $2 a Barrel as Uncertainty Persists Over Iran, Ukraine Peace Talks
JH Kim
Summary
- Uncertainty over negotiations to end the wars involving Iran and Ukraine helped extend the uptrend in international oil prices.
- In the international crude futures market, Brent crude futures rose $2 a barrel.
- Uncertainty surrounding negotiations to end the wars involving Iran and Ukraine affected international crude futures prices.
Forecast Trend Report by Period
International oil prices extended gains as uncertainty persisted over negotiations to end the wars involving Iran and Ukraine. Brent crude futures rose $2 a barrel.
Walter Bloomberg reported on November 11 that Brent crude futures in the international oil market added to gains amid uncertainty surrounding talks to end the conflicts involving Iran and Ukraine.
Brent crude futures were up $2 a barrel.
The ongoing uncertainty over negotiations to end the wars involving Iran and Ukraine also affected international crude futures prices.
JH Kim
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