Oil Prices Spike as Brent Crude Breaks Above $104 Per Barrel
Odaily News reports that Brent crude oil has broken through $104 per barrel, increasing by 2.4% in just 24 hours. The current price is reported at $104.21 per barrel.
This significant jump comes as the market awaits key economic data releases, including PPI and CPI numbers, which could impact Fed rate hike decisions.