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Oil Prices Head for Fourth Monthly Gain as Middle East Tensions Escalate
Crude oil prices were set for another weekly gain today, also extending their monthly rise to four months in a row amid continued fears of escalation in the Middle East and Houthi attacks on Saudi infrastructure. At the time of writing, Brent crude was trading at $116.56 per barrel, with West Texas Intermediate at $103.35 per barrel ahead of the November 3rd U.S. midterm elections. President Trump has suggested repeatedly that the U.S. could resume strikes against Iran after the elections. Media have reported the U.S. and Israel are coordinating…
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This article lines up with London gold vs COMEX, What is COMEX gold?, and Reading today’s gold: BOT vs COMEX. Figures are for reference only — not a shop or bank board price.
- London gold vs COMEXLondon-gold searches meet a COMEX reference here. The global London row is FX only — no invented fix.
- What is COMEX gold?How to read USD/oz futures and relate them to jewelry quotes.
- Reading today’s gold: BOT vs COMEXHow COMEX USD and BOT FX make a theoretical index — not a shop board.
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