• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Brent tops $117 and gas approaches €100 on geopolitical tension

FinanceInternationalRTVE.es30 s readAI summary
Image: RTVE.es

The Brent benchmark in Europe has climbed above $117 a barrel, while West Texas trades around $102 and natural gas moves toward €100. The rise reflects concern over possible supply disruptions from the Persian Gulf, where Iranian attacks on ships around the Strait of Hormuz persist. The week is also marked by meetings of the Federal Reserve, the European Central Bank and the Bank of Japan, with no rate moves expected in November.

In 30 seconds

  • Brent tops $117 and West Texas trades around $102
  • Natural gas moves toward €100
  • The market is watching possible supply disruptions from Iranian attacks on ships in the Strait of Hormuz
Read the full story at RTVE.es

IASummary generated by artificial intelligence from a story by RTVE.es. It may contain errors: the original source prevails.

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