{"id":1391,"date":"2023-10-13T20:06:52","date_gmt":"2023-10-13T20:06:52","guid":{"rendered":"https:\/\/infundpros.com\/markets\/u-s-oil-futures-gain-nearly-6-for-the-week-as-israel-gaza-war-intensifies\/"},"modified":"2023-10-13T20:06:52","modified_gmt":"2023-10-13T20:06:52","slug":"u-s-oil-futures-gain-nearly-6-for-the-week-as-israel-gaza-war-intensifies","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=1391","title":{"rendered":"U.S. oil futures gain nearly 6% for the week as Israel-Gaza war intensifies"},"content":{"rendered":"
\n

Prices for U.S. benchmark oil futures settled nearly 6% higher on Friday, leading front-month prices to post a solid gain for the week. \u201cConcerns that events in the Middle East could spiral out of control after Iran warned Israel of the consequences of a ground invasion [into Gaza] raising concerns that we might see disruptions in the Straits of Hormuz,\u201d a key oil chokepoint, said Michael Hewson, chief market analyst at CMC Markets UK. November West Texas Intermediate crude
\n CLX23,
\n +5.78%<\/bg-quote>
\n rose $4.78, or 5.8%, to settle at $87.69 a barrel on the New York Mercantile Exchange, the highest front-month contract finish since Oct. 3, according to Dow Jones Market Data. Prices rose 5.9% for the week.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Prices for U.S. benchmark oil futures settled nearly 6% higher on Friday, leading front-month prices to post a solid gain for the…<\/p>\n","protected":false},"author":1,"featured_media":1240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":{"0":"post-1391","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets"},"yoast_head":"\nU.S. oil futures gain nearly 6% for the week as Israel-Gaza war intensifies | inFundPros<\/title>\n<meta name=\"description\" content=\"Prices for U.S. benchmark oil futures settled nearly 6% higher on Friday, leading front-month prices to post a solid gain for the week. \u201cConcerns that\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=1391\" \/>\n<meta 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