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Title : Crude Oil Prices Conitnue To Rise As Tensions Escalate Between The United States And Iran
link : Crude Oil Prices Conitnue To Rise As Tensions Escalate Between The United States And Iran
Crude Oil Prices Conitnue To Rise As Tensions Escalate Between The United States And Iran
CNN: Crude oil tops $70 as US-Iran tensions escalate
Oil prices continued to rise Monday as tensions escalate between the United States and Iran.
Futures for Brent crude, the global benchmark, gained 2.4% to reach $70.24 per barrel — the first time prices have hit that amount in more than six months.
US oil futures advanced 2.1% to reach $64.36 per barrel.
Oil prices rose more than 3% on Friday after Qasem Soleimani, a top Iranian commander, was killed in a US strike ordered by President Donald Trump. The killing risks further escalating tensions in the Middle East, which is home to major oil producing countries and key energy supply routes.
Read more ....
Update: Oil prices jump 2% in early trading as tensions in the Middle East mount, Brent crude tops $70 (CNBC)
WNU Editor: These prices will be cheap if Iran blocks the gulf.
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CNN: Crude oil tops $70 as US-Iran tensions escalate
Oil prices continued to rise Monday as tensions escalate between the United States and Iran.
Futures for Brent crude, the global benchmark, gained 2.4% to reach $70.24 per barrel — the first time prices have hit that amount in more than six months.
US oil futures advanced 2.1% to reach $64.36 per barrel.
Oil prices rose more than 3% on Friday after Qasem Soleimani, a top Iranian commander, was killed in a US strike ordered by President Donald Trump. The killing risks further escalating tensions in the Middle East, which is home to major oil producing countries and key energy supply routes.
Read more ....
Update: Oil prices jump 2% in early trading as tensions in the Middle East mount, Brent crude tops $70 (CNBC)
WNU Editor: These prices will be cheap if Iran blocks the gulf.
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