Brent Hits Eight-Month High on Conflicting Iran Reports

摘要

Crude oil futures rose Wednesday as conflicting reports about Iran’s oil exports, along with a bullish US inventory report, put upward pressure on markets. In London on ICE Futures, April Brent closed at an eight-month high at $118.93 per barrel, up $1.58 on the day. Nymex March crude futures rose $1.06 to end at $101.80.