The more active April contract fell 1 cent to $77.38 a barrel. Both contracts gained ... spreads have been among the notable ripple effects, reinforcing the concern over supplies," he said.
pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries about risks to global supplies — though the agreement has reportedly hit a snag and has yet to take effect.
The company added that the new rates are set to take effect from 5:30 PM today ... which have galloped to $82 per barrel. Checks confirmed that refiners now pay more for crude oil acquisition ...