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
- Thursday ,28 September GMT 22:18 2017 Kuwait expects to seal new deals to supply oil to Chinese buyers
- Thursday ,28 September GMT 14:31 2017 Iraqi PM’s office says Turkey agrees to deal only with Baghdad on oil exports
GMT 18:02 2017 Wednesday ,18 October
Early glance at the World Oil OutlookGMT 23:02 2017 Friday ,13 October
Oil-rich S. Sudan faces fuel shortage as ‘people suffer’GMT 22:06 2017 Tuesday ,03 October
Saudi Arabia opens bid for ‘utility scale’ solar projectGMT 22:18 2017 Thursday ,28 September
Kuwait expects to seal new deals to supply oil to Chinese buyersGMT 14:31 2017 Thursday ,28 September
Iraqi PM’s office says Turkey agrees to deal only with Baghdad on oil exports
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
GMT 10:13 2017 Thursday ,27 July
Volkswagen lifts 2017 forecast
GMT 21:46 2014 Sunday ,21 December
Snow globe hot chocolate
GMT 13:36 2017 Sunday ,13 August
Mueller seeks interview with ex-White House top aide
GMT 08:19 2017 Monday ,20 November
Arab Group to address UNSC on Iran's violations
GMT 07:56 2018 Sunday ,07 January
More than 200 migrants storm Morocco-Spain border
GMT 10:05 2018 Monday ,01 January
Latest 'Star Wars' passes $1 billion mark in third week
GMT 08:57 2017 Tuesday ,22 August
World Cup winner Dawson reveals heart surgery after tick bite
GMT 06:26 2017 Saturday ,30 September
At least 1,200 Iraq personnel killed in Mosul operation
GMT 14:38 2017 Thursday ,23 November
Emirates Auction organizes the first Ajman auction of (Category H)
GMT 09:02 2017 Wednesday ,15 November
Years melt away as Bening & Bell play unlikely lovers
GMT 07:18 2017 Friday ,01 December
British PM urges Saudi Arabia to avert Yemen 'catastrophe'
GMT 11:59 2017 Monday ,16 October
Fiscal woes, Aramco IPO driving Saudi oil policy: analysts
GMT 18:31 2017 Friday ,03 November
Nadal withdraws from Paris Masters
GMT 13:23 2017 Friday ,29 September
Humanitarian, military flights exempt from Iraqi Kurdistan ban
GMT 12:08 2017 Thursday ,16 November
Cambodian opposition party dissolved by Supreme Court
GMT 20:41 2017 Wednesday ,15 February
Teach monkeys to recognize themselves in mirror
GMT 10:30 2017 Wednesday ,27 September
Rohingya refugees tell Arab News of rape by Myanmar Army
GMT 11:15 2017 Friday ,22 September
Rockets hit Damascus airport area in probable Israeli attack
GMT 23:59 2017 Wednesday ,11 January
Strycova Survives Wozniacki Onslaught in Sydney International
GMT 08:35 2017 Monday ,11 September
Froome completes historic Tour-Vuelta double
GMT 00:59 2017 Tuesday ,10 October
Cars, apps and driving schools — Saudi women drivers targeted as new market
GMT 01:32 2017 Thursday ,02 February
Five things to know about India’s budget
GMT 08:49 2013 Saturday ,22 June
\'Sheep-eating\' plant set to bloom in Britain in rare event
GMT 13:27 2016 Saturday ,24 December
Trillions of insects migrate overhead each year in the skies
GMT 02:04 2017 Tuesday ,21 March
Egypt to introduce stamp duty in May, targets EGP 1-1.5 bln in revenues
GMT 09:14 2011 Sunday ,26 June
British consumer group picks Hyundai MotorGMT 08:19 2011 Wednesday ,15 June
Akoun initiative gains in popularity in Abu DhabiGMT 14:11 2011 Saturday ,09 July
Regulating British media after hacking crisis
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 ©
