Increase oil prices are just because of geopolitical situation or any Conspiracy behind it?

[Harsh vardhan singh + 36]

Visit of Crown prince of saudi arabia to washington DC, then he said his ambition that "We believe oil prices will get higher in this year and also get higher in 2019, so we are trying to pick the right time" and now we can see US attack on Syria create geopolitical disturbance and Trade war started  (Shale oil is still producing at highest level, Oil prices are still is also increasing). Win-win situation for both...Just guessing...

What do you think?

[PeterfromCalgary + 60]

No conspiracy just a lot of different factors coming together.  Higher demand, combined with a declining amounts of oil in storage due to OPEC production cuts and reduced OPEC production not just in Venezuela but also Algeria (-49,500 bpd), Angola (-81,700 bpd), Iraq (-13,100 bpd), Libya (-37,200 bpd) and Saudi Arabia (-46,900 bpd).   Source: http://www.baystreet.ca/commodities/1859/Are-Oil-Markets-Tightening-Too-Fast

[Marina Schwarz + 1,576]

Some serious commodity people believe this is the case -- geopolitics trumping fundamentals. No surprise then that oil is now down despite the fact that the situation in Syria is very far from resolved.

[cryptocurator + 17]

Syria doesn't really contribute to the oil price picture fundamentally. And oil prices, as I mentioned in another thread, won't seen a huge prolonged jump unless Syria turns into a bigger war, or WWIII. A strike on Syria doesn't take oil production offline.