Brent crude traded at $94.12 per barrel Monday morning, down 54 cents from the previous session but roughly $26 higher than a year ago. Analysts point to supply and demand dynamics, geopolitical risks, and the role of the U.S. Strategic Petroleum Reserve in shaping prices.
Oil price slips to $94.12 per barrel as annual gains top 38 percent
Brent crude traded at $94.12 per barrel Monday morning, down 54 cents from the previous session but roughly $26 higher than a year ago. Analysts point to supply and demand dynamics, geopolitical risks, and the role of the U.S. Strategic Petroleum Reserve in shaping prices.
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