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Iran unrest lifts crude prices

Published 01/02/2018, 05:05 AM
© Reuters.  Iran unrest lifts crude prices
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  • Crude oil benchmarks, Brent and WTI, are both starting the year above $60 per barrel for the first time since January 2014.
  • "Growing unrest in Iran set the table for a bullish start to 2018," the U.S.-based Schork Report said in a note to clients.
  • Iran is the third-largest producer in OPEC, which agreed last year to extend its oil output cuts through Dec. 31, 2018.
  • ETFs: USO, OIL, UWT, UCO, DWT, SCO, BNO, DBO, DTO, USL, DNO, OLO, SZO, OLEM, WTIU, OILK, OILX, WTID, USOI
  • Now read: Oil Bulls Locked And Loaded


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