Oil Prices Climb Amid Gaza Shooting

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Click Here Now

NEW YORK (AP) -- Oil prices are climbing after Israeli troops fired on crowds in Gaza surging toward the border fence, killing one Palestinian and wounding 19.

Benchmark crude for January delivery was up 31 cents to $87.69 per barrel at 10 a.m. EST on the New York Mercantile Exchange.

Friday's killing is the first violence since a truce between Israel and the militant Hamas group was reached two days ago. That cease-fire agreement has helped ease the price of oil.

Israel launched an offensive on Nov. 14 to halt rocket fire from Gaza, unleashing some 1,500 airstrikes on Hamas-linked targets, while Hamas and other Gaza militants showered Israel with just as many rockets. The truce reached Wednesday had eased fears of a war that could broaden beyond Gaza and eventually disrupt oil supplies.

Jeff Fischer and team have demystified options. And they can rack up income like $1,030... $2,626... and $3,228 on a schedule you can set your watch by!
That's why we're glad to announce every single one of their closely guarded strategies is available to YOU during May and June – 100% FREE, no strings attached! Just enter your email address in the box below...

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.