There have been predictions that a barrel of Brent crude will cost as much as $150 a barrel if the crisis closing the Strait of Hormuz continues past the end of April. Market analytics firm Kpler is behind that figure.
As we went to press the actual price is sitting below the $100 mark, at $95.
Well it leapt then to $108.
It's a bit of a mug's game to even look at the oil price at the moment when it can swing over 20 dollars a barrel within a week. But for posterity it will show how swivelling volatile things are at the mo.
