Price of Gas Central to Midterm Elections, Ipsos's Cliff Young

Bloomberg
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Price of Gas Central to Midterm Elections, Ipsos's Cliff Young
Bloomberg
Written by Bloomberg
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Joe Mathieu and Kailey Leinz speak with Cliff Young, Ipsos US Public Affairs Chair and Professor at Texas A&M University's Bush School of Government and Public Service. Oil prices rose after President Donald Trump threatened attacks on Iran's energy infrastructure, overshadowing his comments that a deal to end hostilities in the Middle East could be close.  West Texas Intermediate futures rose more than 3% to trade near $103 a barrel, while the most active June Brent futures climbed to trade above $107 a barrel.  Brent futures were volatile amid thin liquidity, with traders increasingly staying on the sidelines to avoid extreme headline-driven price swings. Front-month May futures fluctuated as investors closed out those positions ahead of the contract's expiration on Tuesday the price was near $112 a barrel.

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