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Oil dives as the West hints at no further Syria strikes





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  • Oil prices fall on Monday as Western leaders hint at no more action in Syria.
  • Fears that intervention from the West could disrupt supply pushed up oil prices last week.
  • Follow the live price of oil.

LONDON — The price of oil fell sharply on Monday as traders started to see a decreased likelihood of further escalation between Western powers and Syria, following Friday night’s air strikes on the conflict-stricken nation.

Both major oil benchmarks have fallen on Monday morning. Brent oil — the international benchmark — is down 1.65% to trade at $71.42, while the more US-focused WTI oil is read more >>>

Source:: BusinessInsider.Com

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