U.S. oil surges to top $107, Brent crude at five-month high amid Mideast tensions
Oil extended its rally on Tuesday as investors continued to monitor developments in the Middle East.
CNBC reports that oil extended its rally on Tuesday as investors continued to monitor developments in the Middle East.
This business story centres on the United States. Names and organisations mentioned in the coverage include Brent, Mideast and Middle East.
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Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- United States · Americas
- Reported by
- CNBC
- First reported
- Key names
- Brent, Mideast, Middle East
- Section
- Business
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