US Oil Jumps 7 Percent, Set to Open Above $71 as Iran Takes Center Stage

Date:

Markets‘For energy markets, we expect an aggressive price response when markets open,’ ING commodity strategist Warren Patterson said.Snow falls outside the New York Stock Exchange in New York City on Feb. 23, 2026. Seth Wenig/AP PhotoAndrew Moran3/1/2026|Updated: 3/1/20260:00U.S. crude oil prices are poised to open the March 2 trading session above $71 per barrel following the weekend attack on Iran.In futures trading, a barrel of West Texas Intermediate oil surged more than 7 percent to firmly above $71 on the New York Mercantile Exchange.

spot_imgspot_imgspot_img

Share post:

More like this
Related

XiKim Summit Sidesteps Denuclearization, Risking Escalation in Northeast Asia: Analysts

In this pool photograph distributed by the Russian state...

Nothing Off Table: Shark Culls on Cards After Attack

TOPSHOT - Residents walks along the shoreline as northern...

Minister Accuses States of Exaggerating NDIS Criticism

Australian Health Minister Mark Butler speaks to the media...

Two-Tier Justice Is Breaking Our Country

A protester holds up a sign with a photograph...