Crude oil rises 3.82% in delayed data while reports track tanker rates
The delayed front-month quote climbed to $103.27 a barrel from a previous close of $99.47, while reports also describe record tanker rates.
Crude oil rose 3.82% in delayed data (not live), with the front-month quote (the price for the nearest delivery month) at $103.27 a barrel against a previous close (the price when trading ended the day before) of $99.47.
One report links the move to new Iran strike options being prepared. Other reports describe record tanker rates and rising fund inflows.
The reports do not say how long the higher prices last. The reports do not say what happens next.
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Educational only, not financial advice. Numbers beside the story are from our own data.