Arab Today, arab today oil prices retreat on eased syria concerns
Last Updated : GMT 06:51:55
Arab Today, arab today
Arab Today, arab today

Oil prices retreat on eased Syria concerns

Arab Today, arab today

Arab Today, arab today Oil prices retreat on eased Syria concerns

New York - XINHUA

Oil prices went down Friday as market concerns seemed to be fading away about an imminent military strike against the Syrian government. U.S. President Obama said Friday he has not made final decision yet and Secretary of State John Kerry said the U.S. has \"high confidence\" that the Syrian government used the weaponry but he also said that a U.S. action would be limited in scope. The U.K. Parliament on Thursday rejected a proposal by Prime Minister David Cameron to join a military action against Syria. The possibility of a military strike against the Syrian government triggered concerns over oil supplies in the Middle East, where one-third of world\'s crude is pumped, and drove oil prices higher for the whole week. U.S. economic data released on Friday were generally soft. Personal income edged up 0.1 percent in July, following a 0.3- percent increase in June, the U.S. Commerce Department said. U.S. consumer sentiment fell in August from a six-year high in the prior month. The final reading of the consumer sentiment index stood at 82.1 in August, according to a joint survey released Friday by Thomson Reuters and University of Michigan. Moreover, the Chicago Purchasing Managers\' Index, considered as a leading indicator of the U.S. economy, increased to 53.0 in August from 52.3 in July, the Institute for Supply Management - Chicago said Friday. Light, sweet crude for October delivery fell 1.15 dollars to settle at 107.65 dollars a barrel on the New York Mercantile Exchange, while Brent crude for October delivery dropped 1.15 dollars to close at 114.01 dollars a barrel.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil prices retreat on eased syria concerns Arab Today, arab today oil prices retreat on eased syria concerns

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil prices retreat on eased syria concerns Arab Today, arab today oil prices retreat on eased syria concerns

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday