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NEXT FUNDS NOMURA Crude Oil Long and Simplex WTI rise for third day as WTI prices climb on concerns over U.S.-Iran negotiations
NEXT FUNDS NOMURA Crude Oil Long Index Linked Exchange Traded Fund <1699> and Simplex WTI ETF <1671> rose for a third straight session. U.S. crude futures gained on May 12, with the West Texas Intermediate (WTI) June contract climbing $4.11 to settle at $102.18 per barrel. Oil prices found support as negotiations between the U.S. and Iran to end hostilities reportedly hit an impasse. Tensions escalated after an Iranian parliamentary spokesperson reportedly stated on May 12 that the country could enrich uranium to 90% purity if attacked again.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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