Unrest in Egypt is helping add to anxiety in the oil markets (USO +1.4%), but it is not likely...
Unrest in Egypt is helping add to anxiety in the oil markets (USO +1.4%), but it is not likely to significantly lift oil prices that already have been elevated for months due to Middle East turmoil, says the head of Middle East research for IHS CERA. There is enough supply in the oil market today that any potential disruption of the Suez Canal transit route would not be significant.
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