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Oil Prices Jump In Wake Of U.S. Military Strikes Against Syria
Topic Started: Apr 6 2017, 10:26 PM (6 Views)
Webster
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Reuters: Oil prices jump after U.S. launches missile strike in Syria

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Oil prices soared on Friday after the United States launched dozens of cruise missiles at an airbase in Syria.

A U.S. official said more than 50 Tomahawk cruise missiles were fired from U.S. Navy destroyers in the eastern Mediterranean against several targets on a base in Homs. The operation appeared to have already been completed, a second official said.

After tepid trading before the news, Brent crude futures LCOc1, the international benchmark for oil, jumped to $55.60 per barrel by 0146 GMT, up 72 cents, or 1.3 percent from their last close.

U.S. West Texas Intermediate (WTI) crude futures CLc1 climbed 70 cents, or 1.4 percent to $52.40 a barrel.
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