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Oil posts largest gain in nearly a year as Iranian oil facilities could be targets

business developer

4 Oct, 2024

United States Oil Fund, LP ETF (USO), CL1:COM Carl Surran,

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years. — SlavkoSereda/iStock via Getty Images

U.S. crude oil futures surged Thursday to their largest one day gain since October 13 a year ago, following comments by President Biden to reporters that seemed to confirm the U.S. is discussing the possibility of Israel targeting Iranian oil facilities.

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