Monday 16 November 2015

Oil prices rise as tensions mount after Paris attacks | Reuters

Oil prices rise as tensions mount after Paris attacks | Reuters:

"Oil prices rose on Monday after strong losses last week, as Friday's deadly attacks in Paris raised geopolitical tensions that some said could threaten global oil supply.

France carried out air strikes overnight in Syria against Islamic State, which claimed responsibility for the Paris attacks, and on Monday called on the United States and Russia to join a global coalition to overcome the group.

Oil price gains were limited, however, in a day that saw prices switch from positive to negative and back again, as traders sought to make sense of what the attacks and their aftermath might mean for oil supply and demand."



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