Oil markets tense after western strikes on Syria, but rising U.S. drilling weighs
The United States, France and Britain launched 105 missiles on Saturday, targeting what they said were three chemical weapons facilities in Syria in retaliation for a suspected poison gas attack in Douma on April 7.
Brent crude oil futures LCOc1 were at $71.87 per barrel at 01.24 GMT, down 71 cents, or 1 percent from their last close.
U.S. energy companies added seven oil rigs drilling for new production in the week to April 13, bringing the total to 815, the highest since March 2015, energy services firm Baker Hughes said on Friday.
Despite this, Brent is still up more than 16 percent from its 2018 low in February, due to healthy demand and also because of conflict and tension in the Middle East.
“Investors continued to worry about the impact of a wider conflict in the Middle East,” ANZ bank said.