Tag: Syria

Mining & Resources

With Syria crisis averted, oil prices level off

Oil prices were on the rise for weeks when tensions were high after the Syrian government's alleged use of chemical weapons. However, when diplomacy helped the US avert a missile strike on the Middle Eastern nation, prices came tumbling back down. In late August, crude oil shipped from Texas rose to its highest level in…

13 Sep 2013, by Informa Australia

Business

Mining & Resources

Oil prices strengthen in July

Oil gained value in July, following concerns over violent unrest in Egypt, a rise in Asian crude demand and tighter supply, National Australia Bank (NAB) reports. The NAB market update noted that a step-up in the military threat level between the US and Syria also had an impact more recently. NAB evaluated three oil price…

10 Sep 2013, by Informa Australia