Iran Unrest Continues to Buoy Crude Prices - News Summed Up

Iran Unrest Continues to Buoy Crude Prices


Oil prices rose Wednesday as ongoing antigovernment protests in Iran raised concerns about potential supply disruptions. Light, sweet crude for February delivery gained $1.09, or 1.8%, to $61.46 a barrel on the New York Mercantile Exchange, on track to close at the highest level in three years. Brent, the global benchmark, advanced 92 cents, or 1.4%, to $67.48 a barrel. Antigovernment...


Source: Wall Street Journal January 03, 2018 11:03 UTC


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