Crude-oil futures continued to rise on Friday, as concerns over unrest in the Middle East intensified. Oil futures rose $1.19,from Thursday, when the U.S. Federal Reserve said it would launch a third round of quantitative easing. Violence in the Middle East and North Africa pushed oil prices higher, with concerns that this week's unrest will disrupt oil supply. On Thursday, protesters attempted to storm the grounds of the U.S. embassy in Yemen
Friday 14 September 2012
Oil prices rises due to Middle East tensions
Crude-oil futures continued to rise on Friday, as concerns over unrest in the Middle East intensified. Oil futures rose $1.19,from Thursday, when the U.S. Federal Reserve said it would launch a third round of quantitative easing. Violence in the Middle East and North Africa pushed oil prices higher, with concerns that this week's unrest will disrupt oil supply. On Thursday, protesters attempted to storm the grounds of the U.S. embassy in Yemen
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