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Brent crude rose above $135 a barrel on concerns about tighter supply

 Last Update: 2023-03-07
 Source: Internet
 Author: User

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Oil prices rose above $135 a barrel, and the market is about to have another turbulent week
.
The White House said it was discussing an embargo on Russian supplies, and supply concerns in the already tense oil market would rise
further.

Brent crude rose as much as 18 percent to $139.
13 last week amid concerns about tight oil supplies amid concerns about tight oil supplies
.
U.
S.
Secretary of State Antony Blinken said the United States is discussing joint actions with European countries to sanction Russian oil
while ensuring adequate supplies.

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