Oil prices report second straight weekly gain, hit 6-month high on Middle-East crisis; Brent at $91/bbl

Oil prices report second straight weekly gain, hit 6-month high on Middle-East crisis; Brent at $91/bbl

Global crude oil prices reported a second straight weekly gain and hit six-month high levels as markets watched for signs of any direct conflict between Israel and Iran that could further tighten supplies. This sudden uptick in crude oil prices has reignited fears of inflationary pressures and instilled fresh concerns among global central bankers, policymakers, … Read more