Friday, April 03, 2026

Brent Oil Spot Price for Actual Cargo Soars to $141, Highest Level Since 2008 Financial Crisis

Brent oil spot price for actual cargo soars to $141, highest level since 2008 financial crisis ...

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From Bloomberg: "The world's most important price for real-world oil barrels surged above $140 on Thursday, the highest since 2008.  Dated Brent, the price of shipments bought and sold in the North Sea, reached $141.37, surpassing levels seen when Russia invaded Ukraine." #economy #energy #markets[image or embed]

-- Mohamed A. El-Erian (@elerianm.bsky.social) Apr 2, 2026 at 4:35 PM

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