Oil prices turn lower as Israel's attack on Iran appears limited

seekingalpha04-19

Crude oil futures turn negative after surging earlier on reports that Israel had attacked Iran early Friday, as the apparent limited nature of the strike calmed market fears of a major escalation to ...

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After initially jumping more than $3/bbl, May WTI crude oil (CL1:COM) currently -0.9% to $81.93/bbl and June Brent crude (CO1:COM) -0.9% to $86.28/bbl. ETFs: (NYSEARCA:USO), (BNO), (UCO), (SCO), (USL), (DBO), (DRIP), (GUSH), (NRGU), (USOI) The strike reportedly targeted the area around Isfahan in central Iran, where the country has nuclear facilities and a drone factory. Iran's state-run news agency IRNA said its reporters had not seen any large-scale damage in the country and that nuclear sites in Isfahan were safe, appearing to downplay the impact of a possible Israeli strike. 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