WTI Erases Israel-Iran Spike As Crude & Gasoline Stocks See Unexpected Build
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WTI Erases Israel-Iran Spike As Crude & Gasoline Stocks See Unexpected Build - Nemos News Network
Oil prices are modestly higher ahead of this morning’s official energy inventory and supply data, but have come dramatically back off the overnight spike highs driven by CNN headlines suggesting Israel is ready to strike Iranian nuclear enriuchment sites. “Either the impact on the oil market in case of an attack is assumed to be low, or the probability for an attack is assumed to be low,” said Bjarne Schieldrop, chief commodities analyst at SEB…
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Total News Sources4
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
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R 100%
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