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Crude oil rises 3.82% in delayed data as reports cite Middle East fears

OILRaw materials
Crude oil rises 3.82% in delayed data as reports cite Middle East fears

Reports say oil prices gained on fears that conflict in the Middle East could escalate, while one report points to attacks and a spill.

Crude oil rose 3.82% in delayed data (not live), with the front-month WTI price (the price for the nearest delivery month) at $103.27 per barrel. The previous close, the price when trading ended the day before, was $99.47.

The reports differ on the cause. Several cite fears that conflict in the Middle East could escalate. One report points to Houthi attacks and an oil spill.

One report says the settlement was the highest since April. The reports do not say what happens next.

More raw-material news

Crude oil rises 3.82% in delayed data as Middle East fears lift prices7 hours agoWheat fell 4.9% and corn fell 2.8% this week17 hours agoWTI crude oil rose 4.8% and Brent crude oil rose 5.7% this week17 hours agoGold fell 3.8% and silver fell 4.4% this week17 hours ago

Educational only, not financial advice. Numbers beside the story are from our own data.