Wednesday 28 August 2013

Syria sends oil to 2-year high, $150 spike feared — RT Business

Syria sends oil to 2-year high, $150 spike feared — RT Business:

"Oil has jumped to a two-year high and could see Brent spike as high as $150 per barrel as US and western allies move towards a military strike on Syria.

Brent October futures are above $115 per barrel and West Texas Intermediate blend (WTI) hit $110 on speculation unrest in Syria will disrupt oil shipments and supplies in the Middle East. For WTI its the highest price since May 2011.

The US and Britain are gearing up in a coordinated military action against Syria, as both confirmed chemical weapons attacks were carried out against civilians, something the Assad government denies. "

'via Blog this'

No comments:

Post a Comment