(Bloomberg) -- Crude oil was little changed in New
York after rising yesterday on concern a reported raid by Turkish
troops into northern Iraq may heighten tensions in the Middle
East, source of a third of the world's oil.
The assault, denied by the Turkish government, involved a
600-strong commando pursuit of Kurdish rebels who had fired on
troops from across the border, the Associated Press reported,
citing Turkish security officials it didn't name. The incident
lifted oil from a session-low reached after the U.S. government
reported increases in the nation's oil and gasoline stockpiles.
Read more at Bloomberg Energy News
York after rising yesterday on concern a reported raid by Turkish
troops into northern Iraq may heighten tensions in the Middle
East, source of a third of the world's oil.
The assault, denied by the Turkish government, involved a
600-strong commando pursuit of Kurdish rebels who had fired on
troops from across the border, the Associated Press reported,
citing Turkish security officials it didn't name. The incident
lifted oil from a session-low reached after the U.S. government
reported increases in the nation's oil and gasoline stockpiles.
Read more at Bloomberg Energy News
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