Oil prices up amid escalating Turkey-Syria tension
Posted: Oct 11, 2012 1:44 AM EDT Updated: Oct 11, 2012 8:34 AM EDT
By PABLO GORONDI
Associated Press
The price of oil rose above $92 a barrel Thursday as growing tensions between Turkey and Syria caused worries about the future of Middle East crude supplies.
By early afternoon in Europe, benchmark oil for November delivery was up 90 cents to $92.15 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell $1.14 to finish at $91.25 per barrel on the Nymex on Wednesday after some mixed economic signals.
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