Tuesday 27 August 2013

Brent oil hits six-month high amid Syria turmoil - FT.com

Brent oil hits six-month high amid Syria turmoil - FT.com:
"Brent crude hit a six-month high as the prospect of US military intervention in Syria unsettled the oil market.
ICE October Brent climbed more than $2 to as much as $113.05 a barrel as western powers readied a response to the suspected use of chemical weapons by the Syrian government in the country’s civil war.
Oil prices have been climbing steadily since the start of July as clashes between Islamists and the military in Egypt have raised concerns about the flow of oil through the Suez Canal and Sumed pipeline, key transit points for the global oil trade."

'via Blog this'

No comments:

Post a Comment