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Oil Prices and Political Tensions Rise in Tandem

Discussion in 'Market News' started by Daily.Forex, Nov 25, 2015.

  1. Daily.Forex

    Daily.Forex Forum Member

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    Turkey downed a Russian fighter jet on Tuesday after it strayed into Turkish airspace on the edge of Syria. Though the bond and currency markets didn't have much initial reaction this event, there was a notable reaction in the oil markets starting on Tuesday when U.S. crude prices rose more than 2.5 percent, testing low $40 levels.

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