Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Oil price continues rally on Egyptian protest –January 31

The latest news from Egypt is that later on today a huge protest in Cairo will be held. The purpose of the rally is to demand from the President Hosni Mubarak to step down from his presidency.

 

In preparations for this huge protest, the uncertainly in the region has risen sharply. One of the major factors that were affected from this news item is oil price, which as expected, sharply inclined yesterday.

Fruther reading on Crude oil price continue rally on Egyptian protest – Trading Energy