Off the wire
• Feature: Cuban winery uses condoms to produce tropical fruit wines  • U.S. dollar rises after nonfarm payroll report  • U.S. stocks retreat after nonfarm jobs report  • China consolidates ranking as Chile's top wine market  • UN reports more displacement of Iraqi people from west Mosul  • Peru's President vows to improve ability to withstand natural disasters  • Influx of funding allows WFP to resume food aid in Kenya's refugee camps  • Non-performing loans across EU over 1.06 trillion USD  • Serbia lead Spain 2-0 in Davis Cup  • About half of Albanians live on less than 5 USD a day: report  
You are here: 　 Home

Oil prices hit high after U.S. missile strike in Syria

Xinhua, April 7, 2017 Adjust font size:

Oil prices ended higher on Friday after U.S. missile strike on Syrian airbase triggered geopolitical uncertainty in the oil-rich region.

Analysts said the recent U.S. actions raised concerns that the conflicts could spread in the area and influence the oil production.

Crude prices climbed for a fourth consecutive session on Friday following the news and traded near a one-month high in late trading.

The West Texas Intermediate for May Delivery added 0.40 U.S. dollars to settle at 52.10 dollars a barrel on the New York Mercantile Exchange, while Brent crude for June delivery increased 0.35 dollars to close at 55.24 dollars a barrel on the London ICE Futures Exchange. Enditem