Oil prices jump on report Iran may be preparing attack against Israel [Yahoo! Finance Canada]
BOK Financial Corporation (BOKF)
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Source: Yahoo! Finance Canada
Oil jumped more than 2% before paring gains on Friday on a report Iran may be preparing an attack against Israel, a move that puts the market focus back on escalating tensions between Tel Aviv and the oil producing country. West Texas Intermediate ( CL=F ) futures rose to hover above $70 per barrel while Brent ( BZ=F ), the international benchmark, traded just below $74. Crude Oil Dec 24 (CL=F) The upward move came after an Axios report said Israeli intelligence believes Iran may be preparing a retaliatory attack through its allies in the coming days. "The attacks may be sent from Hezbollah; however, Iran will still be named if major damage occurs," Dennis Kissler, senior vice president at BOK Financial, said in a note to clients on Friday. "Still, many analysts think they may wait until after the US elections," he added. Despite Friday's upward move, oil is still headed for a weekly loss after futures plunged more than 6% on Monday in their biggest daily drop in more tha
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BOKF
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BOKF
Sec Filings
- 11/7/24 - Form 4
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- 10/30/24 - Form 10-Q
- BOKF's page on the SEC website