Oil Rises as Travel Concerns Ease, Diplomats Falter on Lebanon

Bloomberg – Crude oil rose as concern eased that travelers will avoid flying after the threat of a terrorist attack and as diplomats disagreed about a United Nations resolution to end the Lebanon conflict…

“There is plenty of oil to be found in the ground, it’s just a matter of investment in new capacity” to meet the growing demand, ING’s Kenney said. “I’m not a believer in peak oil. The Stone Age never ended for a lack of stone and the oil age won’t end for the lack of oil.”
Bloomberg