Oil Surged 29 Cents

- December 19th, 2011

Bloomberg reported that oil surged due to geopolitical tension between North Korea and U.S. after a son of Kim Jong Un took power in North Korea.

Bloomberg reported that oil surged due to geopolitical tension after a son of Kim Jong Un took power in North Korea.

As quoted in the market news:

Brent oil for February settlement on the London-based ICE Futures Europe exchange increased 29 cents, or 0.3 percent, to $103.64 a barrel.

Click here to read the full Bloomberg report.

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