Brent Crude Oil Futures Hit $90 Per Barrel for First Time
Brent crude oil futures have broken through a significant psychological barrier, surpassing $90.00 per barrel for the first time.
Currently quoted at $89.93 per barrel, Brent crude is down 8.58% on the day according to Bitget.
The sharp decline in price may be attributed to various market and economic factors, but no specific reasons are mentioned in the report.