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Stock impact report

Prices for oil, fuel cargoes smash record highs as Iran war chokes Middle East supply [Yahoo! Finance Canada]

BOK Financial Corporation (BOKF) 
Last bok financial corporation earnings: 4/22 07:55 am Check Earnings Report
US:NASDAQ Investor Relations: bokf.com
Surging oil prices in physical markets - the trading place for oil on ships, rail cars or in storage ?tanks - have outpaced the already dizzying increases in benchmark futures markets, as refiners and traders across Asia and Europe are snapping up whatever barrels they can secure to plug ?the enormous supply gap caused by the U.S.-Israeli war on Iran. That supply gap is expected to persist following a barrage of attacks on oil-and-gas facilities across the Middle East that has turned into the largest-ever disruption to global energy supplies. ?Iran has also throttled traffic through the Strait of Hormuz, the critical waterway transited by 20% of the world's oil and gas, with threats to fire on ships that attempt to sail through the narrow strait. "It is going to take longer than people realize to bring supply back to the market even once the strait is re-opened, because we would still have a logistics nightmare," said Dennis Kissler, senior vice president of trading at BOK Financ Show less Read more
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