Brent Crude Could Hit $110, Here’s What Could Trigger The Surge | Pranav Mer's Outlook

By NDTV Profit

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Brent crude is once again closing in on the $100-a-barrel mark as geopolitical tensions in the Middle East keep the risk premium elevated. Pranav from JM Financial Services explains why Brent could move towards $105-$110 if the conflict escalates further, while extreme levels around $118-$120 could cap the upside. He also discusses alternative oil routes via the Red Sea, rising insurance and transportation costs, Russian crude supplies to Asia, the impact of possible global rate hikes and what a diplomatic breakthrough could mean for crude prices. Pranav also explains why diesel and gasoline prices could remain elevated as long as crude stays firm. #CrudeOil #BrentCrude #OilPrices #MiddleEast #Geopolitics #WTI #Commodities #JMFinancial #Markets #Inflation For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvp

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