Oil dips from a six-month high but stays above US$100

Brent crude

114.42 US$ a barrel

Brent crude traded at US$114.42 a barrel, down from above US$116 last week but up from about US$60 at the end of 2025.

West Texas Intermediate traded at US$100.97. At least 28 vessels were attacked in the Strait of Hormuz this month, a record, according to maritime data.

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Bank of America says Brent could average US$120 a barrel for the next few months if Iran resumes attacks on regional infrastructure.

Economy · 8 d ago

Oil dips from a six-month high but stays above US$100

Brent crude traded at US$114.42 a barrel, down from above US$116 last week but up from about US$60 at the end of 2025.

West Texas Intermediate traded at US$100.97. At least 28 vessels were attacked in the Strait of Hormuz this month, a record, according to maritime data.

Bank of America says Brent could average US$120 a barrel for the next few months if Iran resumes attacks on regional infrastructure.

Oil dips from a six-month high but stays above US$100

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