
October 2023
- The Israel-Hamas conflict and heightened geopolitical tensions initially raised oil prices by over $5/bbl but later dropped below $90/bbl due to concerns abou...

September 2023
- Brent is rising above $90/bbl due to supply constraints, with Saudi Arabia and Russia extending their voluntary cuts of 1.3 mb/d until year-end, and global de...

June 2023
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Price volatility has continued this year, since the beginning of June initially rising to $78/bbl from a low of $72/bbl following the US government deb...
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