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Market Impact: 0.4
Crude Rallies on Concern of Prolonged Disruption to Middle East Oil Supplies
Source: Nasdaq
Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
WTI crude oil for October CLV26 is up +$1.99 (+2.32%) to a 6-week high, while October RBOB gasoline RBV26 is up +$0.0153 (+0.50%), marking a sharp second straight day higher. The move is being supported by fresh hostilities that are adding risk premium to energy prices.
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