Egypt and the Global Oil Market: Geopolitics Is Back

Egypt and the Global Oil Market: Geopolitics Is Back
By Matthew Hulbert | Friday, February 04, 2011

The political turmoil in Egypt has helped push oil prices up to around $100 per barrel. As Matthew Hulbert writes, it is clear that geopolitics is once again a driving factor in the oil market. He advises us to buckle up — as the ride is about to get bumpy.