As someone who is interested in global markets and economics I am always looking for information that affects the marketplace; whether that be in commodities such as oil prices or currency trading. With all the political unrest in the Middle East I will be interested to see how the price of oil responds to the influx of protesting that is going on. In the last three weeks the US market has shown significant gains amidst the string of Egyptian protests. However, how long will these gains last? Oil is trading at about 86 dollars (US) a barrel. Three or four years ago the price was much higher but the financial crisis and the Iraq war drove down that price significantly (see chart below). Can the commodities market handle another wave of fluctuation should the United States become involved in any of the ensuing political protests?
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