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Brent Oil - Oil price rises for fifth day running amid Middle East tensions; battle against UK inflation ‘isn’t over’ – business live

12-08-2024 02:44

Brent crude hits $80, as Catherine Mann warns wage pressures in the UK economy could last for years. The oil price is rising for the fifth day in a row – dampening hopes that cheaper energy will keep inflation down. Brent crude is up 0.75% this morning ...

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Crude oil futures up as tensions escalate in West Asia

Crude oil futures rise amid West Asia tensions, impacting markets and peace talks, while inflation data awaited.

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