Barclays warns that Brent oil may rise to $150 a barrel if relations between Iran and the...

|By:, SA News Editor

Barclays warns that Brent oil may rise to $150 a barrel if relations between Iran and the western nations don't cool down. Analyst Amrita Sen writes, "this is not our current base case, though it does seem to be moving closer to becoming reality." Brent crude +0.7% to 123.53, WTI crude +0.2 to 107.27.