Brent hits US$71 on US reaction to Syria political unrest


PETALING JAYA: In levels not seen since December 2014, Brent crude oil hit US$71.72 as political tensions rose after US President Donald Trump’s tweet that he would fire missiles at Syria in response to a suspected chemical weapon attack.

Both WTI crude, which traded at US$68.40 at 5pm yesterday, and global benchmark Brent are now at the highest levels over the last three years, brushing aside concerns about higher inventory levels of US crude.

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Business , Syria , oil , Brent

   

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