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, but iran has denied any involvement. a lot of the long range implications of the attack will of course hinge on whether military escalation from other nations becomes probable, which directly depends on whether iran, yemeni rebels, or a third party was responsible. markets reacted in a big way - crude
was up on the overnights, and crude, ulsd & rbob all surged within seconds of the open, and never came back down. at the close, ulsd was up a whopping to $ , rbob to $ and crude $ ( over friday's settle) this is still a developing story - cnn has a great, continually updating article you can follow...
https://www.burkeoil.com/value-added-services/energy-market-updates/topic/iran
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https://www.listcompany.org/Nazareth_Info.html
settled relatively flatly at $ . the eia report thursday indicated a . mmb draw down in commercial crude inventories, more than double the api's projection of a k draw, and the fourth draw down in as many weeks. distillates mirrored crude, also drawing down . mmb, but gasoline saw a build of million
read more topics: iran , crude , opec , russia , wti two to contango - weather & supply crush wti & nat gas posted by kelly burke on oct , : : pm tweet another day, another price drop. both brent and wti crude have shed about % of their value over the past two weeks, and those losses continued today....
https://www.burkeoil.com/value-added-services/energy-market-updates/topic/wti