Crude Oil Settles Sharply Higher as Iranian Protests Escalate
February WTI crude oil (CLG26) on Friday closed up +1.36 (+2.35%), and February RBOB gasoline (RBG26) closed up +0.0203 (+1.15%). Crude oil and gasoline prices rallied on Friday, posting 1-month highs. Rising tensions in Iran, the fourth-largest producer in OPEC, are supporting crude prices as protests against the government escalate. Also, optimism in the US … Read more