Brent Oil Gains After Iran's President Dies, Saudi Flags Issue With King's Health

May 20, 2024, 12.50 PM
Source: ReutersEditor: Wahyu T.Rahmawati

OIL PRICE - SINGAPORE. Brent crude futures extended gains on Monday, inching up amid political uncertainty in major producing countries after Iran's president died in a helicopter crash and the Saudi crown prince cancelled a Japan trip, citing health issues with the king.

Brent gained 10 cents, or 0.1%, to $84.08 a barrel by 0454 GMT, after rising to $84.30 earlier, its highest since May 10.

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Latest News