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REUTERS – Oil prices rise on decline in U.S. drilling, Syria conflict

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by January 22, 2018 General

Oil prices rise on decline in U.S. drilling, Syria conflict

Contributed by NAMPA / Reuters.

* U.S. drillers cut 5 rigs in week to Jan. 19, to 747
* Turkish military fights Kurdish militia in Syria
* Analysts say oil demand to slow in Q1 2018
By Henning Gloystein
SINGAPORE, Jan 22 (Reuters) – Oil prices climbed on Monday,
pushed up by a drop in U.S. drilling activity and by fighting in
Syria between Turkish forces and Kurdish fighters.
Brent crude futures were at $68.79 at 0053 GMT, up
18 cents, or 0.26 percent, from their last close. Brent on Jan.

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