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> "The wind-powered boats could be especially appealing when oil prices have shot up because of the Iran war." Check of oil prices same day article was publish
by CodeWriter23 3mo ago
> "The wind-powered boats could be especially appealing when oil prices have shot up because of the Iran war."
Check of oil prices same day article was published:
WTI $73.51/bbl BRENT $77.57/bbl MURBAN: $70.46/bbl
- citrin_ru 3mo agoWhat we see in quotes is not the price of oil being shipped right now; it is usually a one-month futures contract. Traders expect that by this time, Hormuz will reopen. If it does not, they will lose money, but the actual price could be much higher.
- CodeWriter23 3mo agoClose to the bottom price over the past 5 years is what it is.