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🇩🇰 Denmark /Economy & Trade

Oil prices continue climbing after new attacks

From Berlingske · () Danish

Translated from Danish and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire Sources not specified Ongoing story
  • The price of crude oil rose 0.82% on Monday to $97.07 per barrel after weekend attacks on oil tankers in the Gulf region.
  • The price is approaching $100, while petrol and diesel prices continue to rise at Danish filling stations.
  • The article says the resumed war between the United States and Iran has also pushed fuel prices higher and raised fears of another sharp increase.

Oil prices continued to rise on Monday morning after weekend attacks on oil tankers in the Gulf region.

A barrel of crude gained another 0.82% to reach $97.07, or 624.31 Danish kroner. The price is therefore moving closer to the $100 mark.

Petrol and diesel are also becoming more expensive at Danish filling stations. The article says the United States and Iran have resumed their war, affecting American motorists as well, who face record-high petrol and diesel prices.

An investment bank fears another major jump in prices. At the same time, a shortage of marine fuel is now also threatening, while the wider disruption is putting pressure on supplies and Europe continues to close oil refineries.

About this summary

Originally published by Berlingske in Danish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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