Oil Options Slid 7 Cents as Futures Declined
Investing News Network - January 13th, 2012
Bloomberg reported that oil options dropped as futures declined after the embargo on Iranian oil imports was postponed.
Bloomberg reported that oil options dropped as futures declined after the embargo on Iranian oil imports was postponed.
As quoted in the market news:
The options slid 7 cents to $1.11 a barrel. Next were February $100 calls, with 2,230 lots. They fell 31 cents to 56 cents. One contract covers 1,000 barrels of crude.