Oil prices are rising because of the fighting in Iraq and Yemen
Monday 18-05-2015
Twilight news, oil prices rose Monday as concerns over supplies in the Middle East as a result of fighting in Iraq and Yemen but signs increased u.s. production halted the rise.
The price of Brent crude for the nearest month benefit nine cents to $ 66.90 a barrel by 0311 GMT. Us crude rose six cents to 59.75 dollars.
Promoted price fears that the conflict in Iraq and Yemen to disrupt production or supply routes.
Despite the conflict in the Middle East oil supplies, analysts said the oil market is still good and plentiful supply may increase if the United States production.
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Monday 18-05-2015
Twilight news, oil prices rose Monday as concerns over supplies in the Middle East as a result of fighting in Iraq and Yemen but signs increased u.s. production halted the rise.
The price of Brent crude for the nearest month benefit nine cents to $ 66.90 a barrel by 0311 GMT. Us crude rose six cents to 59.75 dollars.
Promoted price fears that the conflict in Iraq and Yemen to disrupt production or supply routes.
Despite the conflict in the Middle East oil supplies, analysts said the oil market is still good and plentiful supply may increase if the United States production.
[You must be registered and logged in to see this link.]