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

Philippine Defense Chief Says Chinas Sanctions Wont Deter Him

Philippines Defense Minister Gilberto Teodoro speaks during an interview...

Celebrity Endorsements Are Meaningless in 2026: Investment Safety and the Rise of Deepfake Scams

Deepfake videos of celebrities are making investment fraud harder...

Why the Millionaire Next Door Drives a Used Carand What That Teaches About Real Wealth

Income alone doesn't create wealth. The key is the...

SpaceX Goes Public in Blockbuster Wall Street Debut

Gwynne Shotwell (at podium, center R), SpaceX President and...