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Commodities & currencyMoneycontrol

Crude oil prices surge past $95 amid Houthi attacks

Negative-8

GreyOak summary

Crude oil prices surged past $95 per barrel on November 13 due to Houthi attacks on Saudi facilities and US President Trump's statement rejecting a deal with Iran. Brent crude traded at $95.57 and WTI at $88.32. Analysts warn of potential supply disruptions in the Middle East.

What it affects

  • Brent crudeNegative -8

    Brent crude futures traded at $95.57 per barrel.Rolling sentiment Neutral +11

  • GeopoliticsPositive +8

    Houthi attacks and US statements fuel conflict fears.Rolling sentiment Negative -23

  • WTI crudeNegative -8

    WTI crude futures traded at $88.32 per barrel.Rolling sentiment Neutral -6

Source

Read the original at Moneycontrol

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