Global Oil Prices Surge Above $90 Amid Geopolitical Tensions and Production Cuts
Brent crude rose above $90 a barrel for the first time since last October, as geopolitical tensions and production cuts outweighed caution over interest rate cuts by the US Federal Reserve. Brent crude futures for June rose $1.30, or 1.5 percent, to $90.65 per barrel, while US West Texas Intermediate futures for May rose $1.16, … Read more