Oil ends at 9-month high on geopolitics, Greece

MarketWatch

Crude-oil futures rose Friday to their highest in nine months as lingering geopolitical worries kept a fear premium in the markets and traders grew optimistic the Greek saga is closer to an end. It is “really hard not to sound like a broken record when it comes to the crude complex currently, as it remains under the influence of Greek debt woes and simmering geopolitical tension,” said Matt Smith, an oil analyst at Summit Energy in Kentucky, in a note to clients

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