OIL FUTURES: Crude pushes to six-session high as market braces for potential long-term Red Sea disruptions

Capt. John

Crude oil futures settled at a six-session high on on Jan. 5 amid concerns that rising Middle East tensions could portend potential long-term disruptions to Red Sea vessel traffic. NYMEX February WTI settled up $1.62 at $73.81/b and ICE March Brent climbed $1.17 to end the session at $78.76/b. A.P....

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/010524-oil-futures-crude-pushes-to-six-session-high-as-market-braces-for-potential-long-term-red-sea-disruptions

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