Oil Spikes After Headlines About New Mideast Terror Arrests

West Texas Intermediate crude oil futures just made a big move higher, right at 9 AM. It's now trading up 2.6 percent on the day:

News just broke of a foiled terrorist plot in the Middle East:

UAE arrests terrorist cell of Emirati and Saudi Arabian citizens preparing to carry out attacks, state news agency WAM says - @reuters

— Breaking News (@BreakingNews) December 26, 2012

It's unclear whether the two are related, but the timing lines up.



More From Business Insider

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3822+0.002+0.14%
    USDSGD=X
    1.5347+0.0005+0.04%
    EURSGD=X
    2.0204+0.0043+0.21%
    GBPSGD=X
    80.2723+0.2875+0.36%
    SGDJPY=X
    5.6199-0.0073-0.13%
    SGDHKD=X
    2.9718+0.0074+0.25%
    SGDMYR=X
    9,868.5400+29.0215+0.29%
    SGDIDR=X
    4.7695+0.0124+0.26%
    SGDCNY=X
    0.9913+0.0006+0.06%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,206.60-16.10-1.32%
    GCQ16.CMX
    16.00-0.34-2.10%
    SIN16.CMX
    79.41-2.71-3.31%
    ^XAU
    2.100.000.00%
    HGN16.CMX
    49.33-0.15-0.30%
    CLN16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.39+0.04
    ^FVX
    1.85+0.03
    ^TNX
    2.65+0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.300.00-1.64%
    N21.SI
    0.142+0.004+2.90%
    5DM.SI
    0.78+0.04+5.41%
    5HJ.SI
    0.76+0.02+3.40%
    G13.SI
    3.92-0.01-0.25%
    Z74.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    1.34+0.17+14.04%
    BDV.SI
    0.37+0.03+10.45%
    F03.SI
    0.88+0.08+10.00%
    G41.SI
    0.27+0.02+8.00%
    BDU.SI
    0.123+0.006+5.13%
    574.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.35-0.03-9.09%
    42E.SI
    0.37-0.03-8.64%
    AWE.SI
    0.181-0.017-8.59%
    BDN.SI
    0.26-0.02-7.14%
    5SY.SI
    0.335-0.025-6.94%
    BFU.SI