Oil prices climb higher, dragging Wall Street lower
AI Summary
Oil prices have risen above $105 per barrel for Brent crude, the highest level since May, causing declines in Wall Street markets. The increase signals tightening energy supplies and may affect global commodities and financial markets.
Brent crude, the international standard, got above $105 per barrel for the first time since May.
Markets Commodities Energy oil prices Brent crude Wall Street energy market commodity prices financial markets