FU: Oil turns on plethora of global supply interruptions
Oil prices (NYMEX:CLV13) are drifting lower as the immediacy of a U.S. strike on Syria has eased over the last several days. The U.S. President is currently on his own insofar as support from traditional European allies (at the moment), and is in the midst of lobbying key figures in the U.S. Congress ahead of their vote on military intervention next week sometime. Several key U.S. political figures in Congress have voiced support for a limited strike in Syria. However, this is very unpopular with the American public as most polls I have seen show the majority of Americans against any involvement in Syria. Although most times the U.S. Congress votes in favor for a specific Presidential request when it comes to military involvement, the U.S. public may be the swaying factor in next weekâs vote.