Crude oil prices rallied Monday amid speculation that fighting in the Middle East could interrupt supplies.
Coordinated terrorist attacks across Paris on Friday evening claimed about 130 lives, prompting France to attack ISIS strongholds in Syria today.
Stocks were higher in New York despite geopolitical tensions.
Dec. oil gained $1, or 2.5%, to settle at $41.74/bbl on Nymex, rising from lows not seen since August.
Manufacturing performance in New York State continued to contract in November, new stats revealed on Monday.
The material has been provided by InstaForex Company – www.instaforex.com