Brent Crude Closes Out Volatile Week Higher -- Market Talk

Dow Jones03-21 03:55

1555 ET - Brent crude oil futures rose 8.8% to $112.19 a barrel this week, buoyed in part by a 3.3% uptick seen in these futures Friday. It marks the fifth consecutive week that Brent crude futures have finished the week higher. Geopolitical instability continues to give Brent crude support, with investors nervous about new military flare-ups over the weekend. "Market participants have strengthened their defensive positioning amid the possibility of further military escalation," says Antonio Di Giacomo of XS.com in a note. WTI crude closes up 2.3% to $98.32 a barrel today, finishing the week with a small loss. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

March 20, 2026 15:55 ET (19:55 GMT)

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Geopolitical instability continues to give Brent crude support, with investors nervous about new military flare-ups over the weekend. \"Market participants have strengthened their defensive positioning amid the possibility of further military escalation,\" says Antonio Di Giacomo of XS.com in a note. WTI crude closes up 2.3% to $98.32 a barrel today, finishing the week with a small loss. 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