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BREAKING: Oil hovers near $107, with Syria in focus

 
DanielPT
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08/26/2013 12:27 AM
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BREAKING: Oil hovers near $107, with Syria in focus
MarketWatch ‏@MarketWatch 5m
Oil hovers near $107, with Syria in focus [link to on.mktw.net]


While Syria isn’t a major oil producer, unrest in the key petroleum-producing Middle East region can prompt broad concerns about crude supply, which in turn bid up oil futures.

“Rising tensions over chemical attacks in Syria has placed upside pressure on ... crude oil, with traders anticipating possible military intervention by the U.S. government,” wrote Rivkin global analyst Tim Radford on Monday.


Last Edited by DanielPT on 08/26/2013 12:47 AM
DanielPT  (OP)

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08/26/2013 12:29 AM
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Re: BREAKING: Oil hovers near $107, with Syria in focus
LOS ANGELES (MarketWatch) — Benchmark U.S. crude-oil futures hovered around the $107 level in electronic trade Monday amid the prospect of Western military intervention in Syria.
DanielPT  (OP)

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08/26/2013 12:31 AM
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Re: BREAKING: Oil hovers near $107, with Syria in focus
Things will rise this week for sure.
Doom starts today
DanielPT  (OP)

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08/26/2013 12:46 AM
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Re: BREAKING: Oil hovers near $107, with Syria in focus
bump





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