Oil prices rise amid supply concerns... Brent above $106
Qiyas summary
Oil prices rose today amid supply concerns and expectations of increased diesel supplies from Russia.
Translated by Qiyas from السياسة — Original source
Oil prices rose on Wednesday as traders assessed supply risks stemming from regional conflicts, alongside expectations of increased diesel supplies from Russia.
Brent crude futures climbed 89 cents, or 0.8 percent, to $106.58 per barrel, while U.S. West Texas Intermediate (WTI) crude futures rose 80 cents, or 0.9 percent, to $94.94 per barrel.
Brent crude had fallen 0.9 percent on Tuesday, while U.S. crude had risen 0.4 percent.