Oil Prices Rise on News of US Aid for Syrian Rebels

摘要

Geopolitics was right back in the center of the oil market at the end of the week, but it is unclear how much prices will be impacted in the longer term by the Obama administration's decision to offer military support to Syria's rebels. News of the US plans spurred a wave of buying on Friday, bringing in speculative money betting that a potential wider conflict in the Middle East would affect oil supply.