Brent crude oil traded at around 110 dollars a barrel as the Strait of Hormuz blockade continued to constrict global oil supply.
Tag: Brent crude
RBI Inflation Outlook Spikes to 5.1 Percent on Crude Oil Surge Driven by West Asia Tensions
The Reserve Bank of India raised its inflation projection to 5.1 percent from 4.6 percent as Brent crude oil hit 110 dollars per barrel.