{"id":17332,"date":"2013-05-07T12:48:54","date_gmt":"2013-05-07T10:48:54","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/17332\/us-wti-oil-price-hovers-near-96-after-israel-strikes-on-syria\/"},"modified":"2013-05-07T12:48:54","modified_gmt":"2013-05-07T10:48:54","slug":"us-wti-oil-price-hovers-near-96-after-israel-strikes-on-syria","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/17332\/us-wti-oil-price-hovers-near-96-after-israel-strikes-on-syria\/","title":{"rendered":"US WTI oil price hovers near $96 after Israel strikes on Syria"},"content":{"rendered":"<p><p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-7254\" alt=\"US WTI oil price hovers near $96 after Israel strikes on Syria\" src=\"http:\/\/www.liveoilprices.co.uk\/oil\/wp-content\/uploads\/2013\/05\/Brent-oil-price-hovers-near-125-as-traders-await-more-news-on-Iran-situation.jpg\" width=\"470\" height=\"300\" \/>US WTI oil futures are holding out near $96 a barrel this afternoon after climbing on Monday to close at $96.16 following a weekend Israeli airstrike in Syrian territory that reportedly targeted weapons intended for Lebanon&#8217;s Hezbollah militia.<\/p>\n<p><strong>Latest WTI Oil Price<\/strong><\/p>\n<p>US Light crude oil futures for June 2013 delivery was trading at $95.82 a barrel, 13:37 GMT this afternoon on the NYMEX. The WTI oil contract rose 55 cents to close at $96.16 per barrel on Monday.<\/p>\n<p><strong>Israel Strikes on Syria<\/strong><\/p>\n<p>On Friday and Sunday, Israeli jets reportedly struck targets around Damascus, the Syrian capital, leaving explosions and cratered wreckage in their wake. Friday\u2019s attack appeared to be directed at a shipment of missiles.<\/p>\n<p>According to the Times, the Sunday attack, which was much larger, struck bases controlled by the Syrian Republican Guard, warehouses for long-range missiles, and a chemical-weapons facility. The Israeli airstrikes have raised fears that the conflict could spread beyond Syria\u2019s borders and hence has pushed up the price of oil once again.<\/p>\n<p>Hizbollah has tens of thousands of missiles carefully stockpiled in south Lebanon and readied for use against Israel.<\/p>\n<p>Syria is the crucial bridge between Hezbollah and its patron, Iran. If you look at a map of the Middle East, you can draw a line, running east to west, from Tehran through Syria and into Lebanon, where Hezbollah resides. This is commonly known as \u201cthe Shiite Axis,\u201d as Iran and Hezbollah are predominantly Shiite.<\/p>\n<\/p>\n<p>Read the original here:\u00a0<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.liveoilprices.co.uk\/oil\/wti\/05\/2013\/us-wti-oil-price-hovers-near-96-after-israel-strikes-on-syria.html\" title=\"US WTI oil price hovers near $96 after Israel strikes on Syria\">US WTI oil price hovers near $96 after Israel strikes on Syria<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> US WTI oil futures are holding out near $96 a barrel this afternoon after climbing on Monday to close at $96.16 following a weekend Israeli airstrike in Syrian territory that reportedly targeted weapons intended for Lebanon&#8217;s Hezbollah militia. Latest WTI Oil Price US Light crude oil futures for June 2013 delivery was trading at $95.82 a barrel, 13:37 GMT this afternoon on the NYMEX. The WTI oil contract rose 55 cents to close at $96.16 per barrel on Monday. Israel Strikes on Syria On Friday and Sunday, Israeli jets reportedly struck targets around Damascus, the Syrian capital, leaving explosions and cratered wreckage in their wake. Friday\u2019s attack appeared to be directed at a shipment of missiles. According to the Times, the Sunday attack, which was much larger, struck bases controlled by the Syrian Republican Guard, warehouses for long-range missiles, and a chemical-weapons facility. The Israeli airstrikes have raised fears that the conflict could spread beyond Syria\u2019s borders and hence has pushed up the price of oil once again. Hizbollah has tens of thousands of missiles carefully stockpiled in south Lebanon and readied for use against Israel. Syria is the crucial bridge between Hezbollah and its patron, Iran. If you look at a map of the Middle East, you can draw a line, running east to west, from Tehran through Syria and into Lebanon, where Hezbollah resides. This is commonly known as \u201cthe Shiite Axis,\u201d as Iran and Hezbollah are predominantly Shiite. <\/p>\n","protected":false},"author":28,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17332","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/17332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=17332"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/17332\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=17332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=17332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=17332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}