The price of a barrel of oil has risen to $85, according to ynet. The increase follows yesterday's jump to $83, extending a volatile period driven by geopolitical developments.
01 · THE DISPATCH
Oil prices continued their upward trajectory Tuesday morning, reaching $85 per barrel, according to ynet. The increase follows Monday's jump to $83, as The Zioneer reported last night. Oil markets have been highly volatile in recent weeks, with prices swinging on developments related to US-Iran tensions and ongoing peace negotiations, as The Zioneer has documented in a series of market bulletins. The latest move to $85 marks a new high in the current cycle of volatility.
02 · How it developed
2 developments
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03 · Source and signal
Source and signal
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