Oil nears tipping point as Hormuz traffic halts; traders warn of $100 crude (Soban News)

Some barrels from US are fetching their biggest premium since 2020, and value of major Norwegian grade, which moves almost lockstep with Brent, has gained more than $5 on the benchmark this week​Some barrels from US are fetching their biggest premium since 2020, and value of major Norwegian grade, which moves almost lockstep with Brent, has gained more than $5 on the benchmark this week ​Latest News [ SOBAN NEWS: International and National ]