Oil Spikes Near $33 After Turkey-To-Invade-Syria Rumor
Yesterday it was chatter of 6 (non-Saudi) OPEC members agreeing to an emergency meeting (to do what exactly?) that ramped crude (despite dismal production, inventories, and demand data). Today it is talk of Turkey potentially invading Syria from the Russian defense minister...
“We have serious grounds to suspect intensive preparations by Turkey for a military invasion on the territory of the sovereign state of Syria,” Major General Igor Konashenkov, Defense Ministry spokesman, told journalists.