|
|
|
Commodity News |
HeadLine : |
Oil prices jump $1 after U.S air strike kills Iran, Iraq military personnel |
Date : |
Jan 3 2020 |
Oil prices jumped more than $1 on Friday after a U.S. air strike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt oil supplies. Brent crude futures (LCOc1) were at $67.48 a barrel, up $1.23, or 1.86%, by 0202 GMT, and West Texas Intermediate (WTI) crude futures (CLc1) rose $1.03, or 1.68%, to $62.21 a barrel. An air strike at the Baghdad International Airport early on Friday killed Iranian Major-General Qassem Soleimani, head of the elite Quds Force, and Iraqi militia commander Abu Mahdi al-Muhandis, an Iraqi militia spokesman told Reuters. The value of U.S. oil and gas mergers and acquisitions reached a five-year peak of $96 billion in 2019 on the back of competing bids for Anadarko Petroleum, energy data provider Enverus said on Thursday.
Source: Investing.com
|
|
News Archives:
|
|
|
|
|