Energy markets shook off concerns about last week’s Islamic State attacks on Paris to drift lower on word the Japanese economy moved back into recession. Crude oil prices moved higher in the wake of last week’s tragedy in Paris, which sparked increased military activity from members of a U.S.-backed coalition against Islamic State targets, largely inside Syria. Increased conflict could spill over into the broader Middle East region and threaten key choke points for crude oil transit and production, including in the northern Iraqi border region near Syria. Oil prices in late September moved higher when Russia announced it was building military support on the side of its ally and Syrian President Bashar Assad. Macroeconomic news […]