Article 3QEK0 What are the factors driving up the price of crude oil?

What are the factors driving up the price of crude oil?

by
Adam Vaughan
from on (#3QEK0)

Donald Trump, geopolitics and more make an impact, posing a challenge for central banks

The price of oil has hit its highest level since November 2014, reaching $80 per barrel, as geopolitical fears cause concerns to rise over potential disruption to supplies.

Brent crude futures, the international benchmark, have risen by around half in the past year.

Related: Brent crude oil hits $80 per barrel as Total threatens to quit Iran - business live

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