NYMEX crude rose 2.3% today as markets disregarded the riots in the streets and the burning buildings in Athens while giving greater weight to the Parliamentary approval of austerity measures. Added to that is the new war premium for crude as suspected Iranian assassination attempts were made on Israeli diplomatic staff and dependents in India and Georgia. Compounding the assassination attempts was news that oil tanker companies were getting ready to halt shipments from Iran.
Today, WTI+$2.24, $100.91; Brent+47¢, $117.79; RBOB+3.76¢, #3.0125; HO-2.21¢, $3.16.
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