Abdul Kareem Luaibi

Geopolitical tension drove Brent crude oil higher on Thursday as investors worried about supply interruptions in the Middle East. The commodity traded at $110.61 at 7:30 GMT following reports that rebels in Iraq were moving in on the nation’s largest oil refinery. Earlier this week, a...

Brent crude oil made its way towards $110 on Wednesday morning as expectations for a fall in US crude stocks grew. The commodity traded at $109.75 at 6:20 GMT as investors saw the global demand outlook improving. Demand was a key driver for oil prices this week after industry data out on...