Arab Today, arab today oil prices rise on mideast tensions
Last Updated : GMT 04:16:17
Arab Today, arab today
Arab Today, arab today

Oil prices rise on Mideast tensions

Arab Today, arab today

Arab Today, arab today Oil prices rise on Mideast tensions

New York - AFP

Oil prices rose Monday amid rumors of an attack on Syria\'s embattled leader and as Tropical Storm Ernesto appeared likely to grow into a hurricane that could disrupt Gulf of Mexico oil operations. New York\'s main contract, West Texas Intermediate (WTI) light sweet crude for September, finished trade at $92.20 a barrel, up 80 cents from Friday\'s closing price. Brent North Sea crude for delivery in September added 61 cents to settle at $109.55 a barrel in London trade. In the Caribbean, Tropical Storm Ernesto picked up strength and was expected to reach hurricane force later in the day, threatening the coasts of Belize and Mexico, US weather forecasters said. The Miami-based National Hurricane Center (NHC) said Ernesto was packing winds of 65 miles (105 kilometers) per hour as it powered across the Caribbean toward Central America. The center\'s map for the expected path of the storm had it directly headed for Mexico\'s key offshore oil fields. Phil Flynn at Price Futures Group said that traders were also watching storms covering the eastern coast of Florida. \"It is an unorganized band of storms right now that traders are watching because this little band of storms could slow imports into the Gulf of Mexico,\" Flynn said. Geopolitical tensions in the Middle East helped to extend the gains. After opening lower, WTI shot higher on rumors of an attack against Syrian President Bashar al-Assad, which renewed fears of escalating violence in the oil-producing country, GFT Markets analyst Fawad Razaqzada said. The 17-month uprising against Assad hit his inner circle as Syria\'s prime minister, Riad Hijab, announced Sunday he was joining the rebels. A blast in southeastern Turkey interrupted oil flow from Iraq, with Kurdish rebels suspected to be behind the explosions, Turkish and Iraqi authorities said Monday. Iraq\'s North Oil Company will switch to pumping through a second pipeline, and exports from Ceyhan are to continue using reserves of oil there, he said.

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 rise on mideast tensions Arab Today, arab today oil prices rise on mideast tensions

 



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 rise on mideast tensions Arab Today, arab today oil prices rise on mideast tensions

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Barcelona through George Orwell’s eyes

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Tillerson heads to Gulf, downbeat

GMT 09:23 2017 Friday ,20 October

Tillerson heads to Gulf, downbeat
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Actress Shery Adel happy for Egypt’s qualification

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:43 2017 Wednesday ,18 October

Fake dentists ply brisk trade

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
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