After Israel, Hamas Cease-Fire Oil Trades At Two-Day High

- November 22nd, 2012

Crude futures traded near the highest level in two days in New York in the midst of concern that a cease- fire between Israel and Hamas may not hold, putting at risk supply from the Middle East.

Crude futures traded near the highest level in two days in New York in the midst of concern that a cease- fire between Israel and Hamas may not hold, putting at risk supply from the Middle East.

As quoted in market news:

There’s the potential for future price gains due to the shaky nature of the truce in Israel. We aren’t going to see much today with the U.S. closed and low volumes.

Click here to read full Bloomberg article.

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