Get ready for crude oil’s fourth straight rally!

18 時間前

In European trading on Thursday (October 3), crude oil prices rose for the third day in a row, and international oil prices recorded their biggest one-day increase in nearly a year. On Thursday, WTI crude closed up 3.8% at $73.71 a barrel.

Iran says it will respond "unconventionally" to an Israeli attack, amid Israel's ongoing conflict with Iran and amid concerns over supplies due to the conflict in the Middle East. U.S. crude inventories rose 3.9 million barrels.

U.S. President Joe Biden appeared to confirm that the United States was advising Israel to target Iranian oil facilities, sending oil prices soaring. Traders see room for further gains. It is speculated that the next resistance level for oil prices may be around $74.50 / barrel. If the breakthrough is successful, crude oil prices will have room to rise.

12 分前

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