Reuters UK | Oil jumps five percent on tempered Iran view, slower US inventory rise Reuters UK "People betting on Iran's oil arriving tomorrow realize they may have to wait up to a year," said Phil Flynn, analyst at Price Futures Group in Chicago. Oil extended gains after industry intelligence group Genscape reported that stockpiles at Cushing ... Crude oil jumps as Saudi Arabia hikes Asia pricing Oil Surges on Signs of Growing Demand What determines if oil prices go up or down? |