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Crude Turns Positive Amid Israel Conflict

OIL

Crude moves briefly back into positive territory, erasing earlier losses with the Brent front month falling to an intra-day low of $89.57/bbl, as rising tensions in the Middle East outweigh downward pressure from US easing oil related sanctions on Venezuela.

  • Brent DEC 23 down 0% at 91.46$/bbl
  • WTI NOV 23 up 0.3% at 88.56$/bbl
  • Gasoil NOV 23 up 0.2% at 914.25$/mt
  • WTI-Brent up 0.26$/bbl at -3.92$/bbl
  • ISRAEL: Def Min To Troops-'You Will Soon See Gaza From Inside' : Wires carrying comments from Israeli Defence Minister Yoav Gallant. Speaking to infantry troops near to the border Gallant states "You now see Gaza from afar, soon you will see it from the inside. The order will come."

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