
Brent Crashes: Black Gold Turns Weightless
Christiane Tager, 05/06 10:10 - Reading : 2 minute(s)
Just two years ago, Brent crude neared $100 per barrel following Russia’s invasion of Ukraine. As of Tuesday, the European benchmark traded around $65.70 per barrel—a level unseen since the depths of the 2020 pandemic. This steep and unexpected decline baffled analysts, even as it offers welcome relief to consumers. At the core of this ...