FUTURES FILES
Houthi Attacks Push Oil Up Houthi attacks originating from Yemen shook the Saudi capital Riyadh Thursday with most projectiles being intercepted. The recent surge of Houthi aerial exchanges follows their capture of the port in the city of Mocha, Yemen. Largely as a result of the attacks, Brent Crude rose 3.4% to $106.60 while West Texas Intermediate gained $2.70 to $94.71 based upon mounting supply threats. On Friday, Iran proposed another memo of understanding that would open the Strait of Hormuz. That proposal knocked crude and Brent prices back down again. Diesel and home heating oil ...