LONDON, Oct 23 — Oil prices traded at five-month highs today, with benchmark crude contract Brent North Sea near US$115 (RM459) a barrel, as the Middle East conflict raged on.
Stock markets mostly dropped in Europe following some poorly-received earnings from Gucci parent Kering and Swedish group Volvo Cars.
Asian equity indices closed out the week mixed as technology firms managed to claw back some of the week’s hefty losses.
Global markets were contending “with concerns around surging oil prices and the sustainability of AI spending”, noted AJ Bell head of financial analysis Danni Hewson.
