WTI Crude Prices Spike After Iran's Missile Attacks On US Facilities In Iraq

MOSCOW (Pakistan Point News / Sputnik - 08th January, 2020) West Texas Intermediate (WTI) crude prices went up by over 4 percent early on Wednesday after Iran launched missile attacks against US military facilities in Iraq, stock market data shows.

As of 01:00 GMT on Wednesday, the price for crude oil February WTI futures rose by 3.87 percent. Earlier, the price went up by 4.4 percent.

On Monday, WTI hit $64.72, its highest mark since April. Brent hit $70.75 on Monday, its highest since mid-September.