Brent Crude Oil Exceeds $100 a Barrel

A weakening dollar has seen Brent pricing top $100 today. Good news for North Sea producers such as IAE and VPP. However, also note that stronger f/x in favour of sterling vs Canadian dollar also effects IAE’s price due to TSX main listing.

Brent Crude Oil Exceeds $100 a Barrel for First Time Since Oct. 1, 2008 – Bloomberg

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