New York-Crude futures climbed Thursday as geopolitical concerns following a suspected attack on tankers near the Gulf of Oman outweighed a lower demand projection from OPEC. NYMEX July crude settled $1.14 higher at $52.28/b, while ICE August Brent settled $1.34 higher at $61.31/b. In refined products action, NYMEX July RBOB settled 3.38 cents higher at $1.7199/gal, while July ULSD settled 2.67 cents higher at $1.8066/gal. Japanese Minister of Economy, Trade and Industry Hiroshige Seko said two tankers loaded with “Japan-related cargoes” were attacked near the Strait of Hormuz, a critical chokepoint through which 30% of the world’s seaborne oil transits.
展开▼
