Brent oil price

The oil price has risen 70% in the last 12 months, from 45$/ barrel for Brent in June 2017 to around 80$ in May 2018

What’s Behind The Rise In The Oil Price?

The oil price has risen 70% in the last 12 months, from 45$/ barrel for Brent in June 2017 to around 80$ in May 2018. Thus, after three years of low prices, crude has returned to levels not seen since the end of 2014. What are the forces behind this increase in oil price? Could it damage the world economy?