Oil Prices Soar after U.S. Launches Missile Strike in Syria
Oil prices surged more than 2 percent to a one-month
Washington - QNA
Oil prices surged more than 2 percent to a one-month high on Friday after the United States launched dozens of cruise missiles at an airbase in Syria, later dropping back as there seemed no immediate threat to supplies.
International benchmark Brent crude futures LCOc1 jumped to $56.08 per barrel before easing to $55.71 per barrel at 0519 GMT, still up 1.5 percent from its last close.
U.S. West Texas Intermediate (WTI) crude futures CLc1 also climbed by more than 2 percent, to a high of $52.94 a barrel before receding to $52.56, up 1.7 percent.
Both benchmarks hit their highest levels since early March.
"Geopolitics are often big drivers in oil markets," said Greg McKenna, chief market strategist at AxiTrader told CNN.
The U.S cruise missile strikes have seen crude oil jump over two percent in a straight line," said Jeffrey Halley, senior market analyst at futures brokerage OANDA in Singapore.
Source: QNA
GMT 16:50 2018 Tuesday ,23 January
ADNOC to expand CCUS technologyGMT 19:54 2018 Friday ,19 January
Kuwaiti oil price down 8 cents to USD 66.52 pbGMT 20:30 2018 Tuesday ,16 January
OPEC daily basket price stood at $67.78 a barrel MondayGMT 18:22 2018 Saturday ,06 January
OPEC daily basket price stood at US$65.12 a barrel WednesdayGMT 17:03 2018 Thursday ,04 January
Successful fuel efficiency campaign concludes nationwide
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 08:25 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to Jerusalem
GMT 04:48 2017 Tuesday ,29 August
President Yudhoyono wants pleasant Idul Fitri journey
GMT 01:34 2017 Thursday ,13 April
9 arrested for trying to enter Oman illegally
GMT 10:34 2014 Friday ,05 September
Sex-mad zombie on the rampage in Venice
GMT 14:16 2017 Friday ,28 April
Will Smith and Jazzy Jeff to reunite for performance
GMT 09:52 2018 Monday ,22 January
Napoli edge Atalanta to extend Serie A lead
GMT 11:55 2016 Thursday ,31 March
Azarenka downs Konta to reach Miami Open semi-finals
GMT 14:18 2017 Friday ,28 April
Iraqi Parliament admits Basra as economic capital
GMT 07:57 2017 Wednesday ,06 September
OIC leaders to hold 1st scientific summit
GMT 00:23 2016 Tuesday ,27 December
Palestinian President to Visit Tunisia next month
GMT 13:34 2016 Friday ,30 December
Wonderful Guide for the Variety of Interior Design Styles to make it the best as possible
GMT 19:50 2017 Sunday ,14 May
OIC urges more global aid to hunger-stricken Somalia
GMT 17:41 2017 Monday ,11 September
Dutch king to visit hurricane-hit Sint Maarten
GMT 01:25 2017 Tuesday ,28 February
Amna Noaman reigns as UAE’s rapid chess queen
GMT 13:50 2018 Thursday ,06 December
Two found, five missing after US Marine aircraft collide off Japan
GMT 06:27 2017 Monday ,06 March
Netanyahu offered unity govt as part of peace bid: report
GMT 11:02 2018 Tuesday ,23 January
MPs start arriving at Parliament
GMT 16:23 2017 Thursday ,09 March
‘Deep regret’ over Trump’s new travel ban
GMT 10:08 2017 Friday ,25 August
Palestinian President receives call from Saudi Foreign Minister
GMT 10:34 2016 Thursday ,26 May
'Inventive' early Neanderthals
GMT 10:37 2017 Tuesday ,21 February
Most Asia markets up as rally presses ahead
GMT 10:08 2017 Thursday ,23 February
Actress Ayten Amer praises her new film success
GMT 00:01 2017 Saturday ,22 April
OmanPride: 'Omanis are kind and generous'
GMT 03:33 2016 Saturday ,24 September
Diesel Black Gold fashion show during Milan Fashion Week
GMT 15:56 2017 Wednesday ,08 February
Tornadoes tear path of destruction through Louisiana
GMT 15:17 2017 Sunday ,16 July
Bahrain, Egypt slam Israeli ban on Al-Aqsa
GMT 06:08 2017 Monday ,24 April
Tokyo shares up 1.4% as centrist Macron leads French presidential race
GMT 05:19 2017 Tuesday ,06 June
Apple 'HomePod' speaker to take on Amazon, Google
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor