o

Just like old times: oil prices spike on fears of widening war


Issue 1186 - 12 Apr 2024 | 4 minute read

Opec+ market discipline has fed into a rise in Brent crude prices to around $90/bbl, which is welcomed in Gulf capitals as an essential element in easing pressure on governments’ huge investment spending. Those higher oil prices are also driven by fears the Gaza war could spread into a much wider regional conflict that Gulf powers have been working to avoid

Tagged with:

Pin Energy & industry

Want to read more?

Subscriber only content

An active subscription is required to view this article

Subscribe to Gulf States Newsletter

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles and set up news alerts.

Register

Join our community

Sign up for an account to gain:

  • Set up news alerts on the countries and sectors that matter to you.
  • Free access to newsletter articles under 100 words.
  • Free access to GSN View articles articles.


View a selection of Free articles

Explore subscription options

Follow us on Google News