Tag: Geopolitical Crisis
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Geopolitical Tensions: Oil price hits $90 first time in six months
Amid geopolitical tensions hitting some parts of the world, Crude oil price surged further on Thursday, hitting $90.65 per barrel. Brent crude futures for June settled up $1.30, or 1.5 per cent to $90.65 a barrel, while US West Texas Intermediate (WTI) futures for May settled up $1.16, or 1.4 per cent, to $86.59 a…