Brent crude oil surpasses $102 per barrel, hitting a more than three-month high
智通财经2026/09/10 10:41- Brent crude oil rose above $102 per barrel on Thursday, hitting a more than three-month high and having increased by nearly 15% since early September, as escalating strikes between Iran and the United States further restrict supply from key regions.
- Tehran has indicated it will not back down from its military blockade, while the US has attacked a number of Iranian oil tankers near Khark Island, which is a vital energy infrastructure site for Iran.
- US inventories also remain low, with strategic petroleum reserves hovering around record lows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Deutsche Bank: After the three major central banks hiked rates simultaneously, the market may once again underestimate the terminal interest rate
Deutsche Bank points out that as central banks in the US, Europe, and Japan are tightening policy simultaneously, the market may still be underpricing the eventual terminal rates. With oil prices remaining high, inflation may spill over into core inflation and wages. Moreover, financial conditions have not tightened in tandem, which could weaken the effect of rate hikes. Citing the experience of 2022, Deutsche Bank notes that the market then expected a total of around 200 basis points of Fed rate hikes in the first year, but the final figure exceeded 400 basis points, illustrating that the market often underestimates the terminal rate.
Crypto prices
More
