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Oil has traded sideways this morning with.......>

OIL
OIL: Oil has traded sideways this morning with Brent crude currently at
USD60.86/bbl and WTI last trading at USD51.81/bbl.
- The Democratic Chairman of the House Intelligence Committee has reiterated
previous allegations that there is 'strong and compelling' evidence of Iranian
involvement in the oil tanker attack.
- The US intends to send 1,000 troops to the Middle East for defensive purposes,
although President Donald Trump has stated that the recent oil tanker attack was
a 'minor' incident.
- Canadian Prime Minister Justin Trudeau is expected to agree to n expansion of
the Tran Mountain pipeline that runs from Vancouver to Alberta, which would add
~ 600k b/d shipping capacity.

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