Middle East Economic Survey

VOL. LIV

No 13

28-Mar-2011

Crude Oil Prices Move Higher As MENA Unrest Spreads

Crude oil prices have continued to rise as political unrest spreads from North Africa deep into the Middle East. Protesters in Yemen are ratcheting up the pressure on President Ali 'Abd Allah Salih and the stifled opposition in Bahrain continues to simmer under the lid of Gulf Cooperation Council (GCC) troops. Violence has erupted in Syria, where some 35 people (and possibly more) have...