Crude Prices Jump as Oil Shippers Avoid the Red Sea as Ship Attacks Rise
January WTI crude oil (CLF24 ) this morning is up +2.18 (+3.05%), and Jan RBOB gasoline (RBF24 ) is up +5.55 (+3.60%). Crude oil and gasoline prices this morning rallied sharply to 2-week highs. The main bullish factor for crude oil today is geopolitical risks after several major oil shippers...
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