-+ 0.00%
-+ 0.00%
-+ 0.00%
Oil Prices Head for Fourth Monthly Gain as Middle East Tensions Escalate
Share
Listen to the news
Crude oil prices were set for another weekly gain today, also extending their monthly rise to four months in a row amid continued fears of escalation in the Middle East and Houthi attacks on Saudi infrastructure. At the time of writing, Brent crude was trading at $116.56 per barrel, with West Texas Intermediate at $103.35 per barrel ahead of the November 3rd U.S. midterm elections. President Trump has suggested repeatedly that the U.S. could resume strikes against Iran after the elections. Media have reported the U.S. and Israel are coordinating…
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending