Oil Jumps 13%

Menzie Chinn
By Menzie Chinn of Econbrowser
Professor of Public Affairs and Economics at the University of Wisconsin •

Crude oil prices skyrocketed 13% during the first hour of futures trading amid rising Middle East tensions.

Tensions in the Mideast cause a spike. One hour into futures trading:

 

STOCKS IN THIS ARTICLE

BNOUSO
Track all markets on TradingView

More from this Author

Proposing Section 301 Sanctions On… The World (or Most Of It)

Proposing Section 301 Sanctions On… The World (or Most Of It)

Menzie Chinn •
Have We Really Been In Recession Since 2022? Antoni & St. Onge Revisited

Have We Really Been In Recession Since 2022? Antoni & St. Onge Revisited

Menzie Chinn •
Why We Pay Attention To Personal Income Ex-Transfers (And Why We Wait For Revisions)

Why We Pay Attention To Personal Income Ex-Transfers (And Why We Wait For Revisions)

Menzie Chinn •

Comments

Back to all articles