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Bloomberg reported that crude oil options volatility surged $2.90 after reports of Iranian oil exports drop.
Bloomberg reported that crude oil options volatility surged $2.90 after reports of Iranian oil exports drop.
As quoted in the market news:
Crude for May delivery rose $2.90 to touch $108.25 a barrel at 9:55 a.m., before paring gains. The contract settled $1.52, or 1.4 percent, higher at $106.87 on Nymex.
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