What will be the highest price per barrel of Brent crude oil between 4 December 2023 and 31 March 2024?

Started Dec 04, 2023 10:30PM UTC
Closing Apr 01, 2024 04:00AM UTC

Analysts are concerned that the war between Hamas and Israel could disrupt the oil supply in the region, especially from Iran, a major crude oil producer (Reuters). Cuts in production from Iran could lead to rises in the price of Brent crude, with Goldman Sachs estimating that any 100,000 barrel a day decline in Iran’s production would raise the Brent oil price by over $1 a barrel (WSJ).

Resolution Criteria:  
This question will be resolved using the price of Brent crude oil reported by TradingEconomics.com.

This question is part of the issue decomposition on “Iran's Influence on Violent Non-State Actors.” For more, see INFER's explainer, issue reports, and other questions in this decomposition.
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