Duration of War on Iran Key in Rising Oil Prices The war against Iran did one thing this week—send crude oil prices climbing. Prices in the U.S. rose to nearly $73 a barrel after closing Friday, prior to the launching of the attacks by Israel and the U.S., at $67 a barrel. How much higher …
Tag: commodity trading
Oil prices slip but hold near six-month high
Oil Prices Ease Slightly, Remain Near Six-Month High Despite losses of a quarter of a percent on Monday, crude oil prices were still at a six-month high as a third round of nuclear talks between the U.S. and Iran was set to be held later in the week. Energy markets continue to closely monitor developments …