Crude hits $111 as IEA warns of prolonged crisis

AI Summary

Brent crude rose above $111 per barrel as the International Energy Agency warned that global energy markets may not return to normal before 2027. The warning points to a prolonged disruption in the oil and energy market outlook.

Brent crude oil price rose above $111 per barrel as the International Energy Agency warns the global energy market may not normalise by 2027. Read More: https://punchng.com/crude-hits-111-as-iea-warns-of-prolonged-crisis/