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Oil rises toward $100 a barrel after Houthi attacks

Analysts said Brent crude is likely to stay elevated for the rest of the year.

Reported · Written up by our desk · Energy

Oil prices climbed toward $100 a barrel after Houthi attacks, according to NYT Business.

Analysts cited expectations that Brent crude, the international benchmark, would remain at higher levels through the rest of the year.

The report linked the move to the impact of the attacks on the oil market outlook, supporting the view that prices could be sustained rather than fleeting.

Latest closeWTI crude $90.70 ▲0.5%|Brent $95.32 ▲0.7%

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