Brent oil prices claw back losses to top $100 again after hours

Oil prices plunged nearly 11% during the regular session and then edged higher in after-hours trading, recouping part of that loss. Traders are positioned for continued volatility as developments in the Iran conflict are likely to drive another day of price swings, raising tail-risk for energy markets and potential spillovers to related commodities and risk assets.

Analysis

Oil prices plunged nearly 11% during the regular session and then edged higher in after-hours trading, recouping part of that loss. Traders are positioned for continued volatility as developments in the Iran conflict are likely to drive another day of price swings, raising tail-risk for energy markets and potential spillovers to related commodities and risk assets.