Brent Crude
Oil ETFs Jump On Escalation In Middle East Tensions
Oil prices skyrocketed more than 12% on June 13, following a major military escalation in the Middle East. Brent crude jumped above $78 per barrel, while WTI crude rose to nearly $77 — the highest level in four months. With this rally, oil is on course for its largest weekly gain since 2022. The impressive […]
Smartest Investors In The World Were WRONG!
Conflicts and geopolitical uncertainty impacted oil markets in 2024, making for an unpredictable year. The price of Brent crude oil averaged roughly $80 per barrel throughout 2024, but it fell to the low $70s at times. This year, Goldman Sachs Research forecasts Brent will trade in a range of $70-$85 per barrel and will average about $76. […]
