U.S.-Iranian Tensions Keep Oil Prices going Up


Crude Oil Price News: Brent crude futures jumped nearly $3 to hit a high of $69.16 a barrel, the highest since September 17. The Brent March contract was at $68.25/barrel.

The price of oil surged nearly $3 late Thursday after U.S airstrikes killed an Iranian military leader Major General Qassem Soleimani, an escalation in tensions between Washington and Tehran that could threaten the world’s crude supplies.

Previous articleOxy brings in former Schlumberger CEO
Next articleHow will the Coronavirus affect oilfield workers and the oil industry?