Oil prices enter the week trying to regain a little composure after concerted US-led air strikes switched from targets in Syria and Iraq to those of Houthi aggressor sites in Yemen over the weekend.
Anyone pondering on the extent of the geopolitical risk premium built in the price of oil due to the Middle East crisis got a strong hint between 5 and 5.30 pm London time yesterday when Brent dropped more than...
The pace at which US production has been brought back online after output was shuttered due to freezing temperatures has caught the oil market a little on the hop and indeed, the recovery is rather impressive.
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