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Skittish Oil Market Enters an Uneasy Calm Over Middle East Risk

(Bloomberg) At no stage this week did crude futures trade higher than where they were last Friday, before Iran’s attack on Israel. Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to Them‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranAnd while prices jumped again this Friday after reports that Israel had s

Rupee maintains upward trend; sees marginal gains in early Monday trade

Rupee maintains upward trend; sees marginal gains in early Monday trade
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Oil edges higher, holding to gains made on signs of tighter supply

Oil prices rose slightly on Thursday, holding to gains from the previous session that came amid signs of tighter supply. U.S. West Texas Intermediate crude futures (WTI) rose 17 cents to $78.08 a barrel for the prompt month. Oil prices rose 1% on Wednesday, with oil contracts tied to near-term deliveries hitting their highest premium in months.

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