Skip to content


Oil surges to 3-year high on Syria tensions; Where next?

Oil prices have rallied to their highest levels since December 2014 following a marked increase in geopolitical tensions in the Middle East, which threatens to disrupt crude production in what is a key area. With reports that Saudi Arabia are targeting $80/barrel for Brent Oil (Wednesday’s high was just above $73) will there be more upside ahead or is this rally overdone?




This article is provided for general information purposes only. Any opinions, analyses, prices or other content is provided for educational purposes and does not constitute investment advice or a recommendation. Any research has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Any information provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.

Past performance is not necessarily indicative of future results, and any person acting on this information does so entirely at their own risk, we do not accept liability for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.