Brent Crude prices hit $86.10 per barrel early on Thursday Profit-taking eased the prices on Thursday “The reluctance of OPEC+ to pump more in the short term suggests that oil prices will remain well supported for the remainder of this year,” ING noted. Brent Crude prices hit $86.10 per barrel early on Thursday, jumping to the highest level in three years, before retreating to just above $85 amid profit-taking. Driven by signs of tighter oil supply and a bullish EIA weekly inventory report on Wednesday, oil prices rose early on Thursday, with the international benchmark, Brent Crude, rallying to $86.10—the highest price since October 2018. The U.S. benchmark, WTI Crude, settled at a fresh seven-year high on Wednesday and was up early on Thursday before pulling back later in the morning. As of 10:03 a.m. EDT on Thursday, Brent Crude was down 0.83% at $85.08. WTI Crude was trading […]