Crude prices jumped nearly USD 10 per barrel in the last two trading sessions. This is mainly due to threats to production in Nigeria and Brazil. Additional missile tests by Iran also escalated tensions. It was trading at USD 145.98 per barrel on the Nymex.
Iran test-fired nine long and medium-range missiles on Wednesday during war games and oil prices jumped on news of the missile tests.
Iran test-fired nine long and medium-range missiles on Wednesday during war games and oil prices jumped on news of the missile tests.
0 comments:
Post a Comment