Brent

KEY POINTS Nigeria’s benchmark oil, Bonny Light, fell below $69 per barrel during the second trading session of the week. The drop in oil prices comes as escalating tensions between …

Trading giants Trafigura and Gunvor have been on a buying spree in the Brent crude oil market, driving prices to their highest level since the benchmark’s methodology changed in 2023. …

Oil prices are poised for a second consecutive weekly decline as the Israel-Hamas conflict shows no signs of escalation, and concerns emerge on the demand front. Global benchmark Brent has …