Oil futures are on the rise, due to upheaval in the Midlle East. Financial spread betting strategy should consider that oil prices often rise in tandem with political upheaval, since oil supply could be threatened. Turkish airstrikes, and now the assassination of Benazir Bhutto, are providing impetus for higher oil prices. The International Herald Tribune reports on energy prices:
"It's definitely instability," said James Cordier, president of Liberty Trading Group in Tampa, Florida. "Everybody wants calm when they're talking about pricing energy (futures)."
