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Oil prices rise with rising tensions after the Paris attacks

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Rocky


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Oil prices rise with rising tensions after the Paris attacks





e 11.17.2015

Oil prices rose after sharp losses last week as increased attacks on Paris on Friday geopolitical tensions that some say could threaten the world's oil supply.
France launched air strikes on Monday night on the organization of the Islamic state in Syria, which claimed responsibility for the Paris attacks and called on the United States and Russia to join an international alliance to defeat the organization.
But gains limited the price of oil came on a day when prices move from boarding to landing and then vice versa as investors bid extrapolate what may mean attacks and its repercussions for the supply and demand for oil.
And often paid the geopolitical unrest in the Middle East, the price of oil to go up because of the possibility of supply disruptions, but many expect it to harm the Paris attacks economic activity in Europe for reasons including the decline in passenger traffic on the continent.
Brent crude less than US crude on Monday.
The contract rose earliest maturity for Brent nine cents to determined the settlement at $ 44.56 a barrel, after earlier falling to $ 43.15.
And US crude futures rose one dollar, to close at $ 41.74 after falling to $ 40.06.
The total price difference between Brent and US crude to $ 1.68, the lowest level since mid-September Oilol.anthy 29/4 e

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