Oil prices brush off Chinese woes in wake of Nice attack

NEW YORK, July 15 (UPI) -- European economic and security concerns pushed crude oil prices higher early Friday after overnight losses brought on by weakness in China.

French Prime Minister Manuel Valls called for a state of national mourning after what's being described as a terrorist attack on Bastille Day left 84 people dead. There have been no claims of responsibility after a lorry driver rammed his vehicle into a crowd on a main street in Nice. The driver also fired on the crowd along a 1.3 mile parade route before being shot dead by police.

The attack follows the November coordinated siege on Paris claimed by the group calling itself the Islamic State and comes at a time when the French economy is coping with what the International Monetary Fund described as "lackluster" employment prospects.

http://www.upi.com/Oil-prices-brush-off-Chinese-woes-in-wake-of-Nice-attack/3741468589842/?nll=1