USD 63.7606

-0.19

EUR 71.1696

+0.04

BRENT 59.49

+0.44

AI-92 42.28

+0.01

AI-95 46.04

+0.01

AI-98 51.75

0

Diesel 46.25

-0.01

14

Oil Price Coming Near $70 On Iran Issue

The market has been on edge for weeks over Iran's standoff with the West

Oil prices rose above $68 on Wednesday on the Iran nuclear crisis, offsetting expectations for a build in U.S. domestic crude and product inventories.

U.S. light crude climbed 26 cents to $68.18 a barrel on the NYMEX.

Meanwhile, London's Brent crude jumped 48 cents at $66.47 a barrel at IPE.

The market has been on edge for weeks over Iran's standoff with the West, fearing supply disruptions from the world's fourth biggest oil exporter.