The human tragedy that took place in Paris last weekend was a hefty influence on the conditions in the financial markets. Regional stock exchanges declined due to the indication of security threats the world. But on the other hand, prices of commodities such as oil even stronger.
According to the price chart Monex Trader at 13:36 pm, WTI crude oil contract in the position of $ 40.93 per barrel, an increase compared to the last closing price Globex. While variants of Brent oil for January delivery rose 48 cents recorded at $ 44.95 per barrel.
Military action of the French government replies to Syria supported oil prices. Future oil supply will be interrupted in the event of war between the ISIS and developed countries. But the increase is likely to be limited and not a trend. Market participants still have to await the results of the inventory data before concluding that the anti-terrorist war actually making activity disrupted oil production and distribution. For the record, the current oil market is still experiencing an over-supply
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