Renewed U.S.-Iran tension could push oil past $100: Rapidan Energy
Summary
Recent political friction between the United States and Iran might drive crude oil prices above one hundred dollars per barrel. According to Rapidan Energy, both Brent and West Texas Intermediate futures are expected to experience this significant upward price movement.
Bob McNally predicts that both Brent and West Texas Intermediate futures will jump above $100.
Source: Read the full story at US Top News and Analysis
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.