Tuesday, 02 January 2024 12:17 GMT

Oil Prices Rise Amid Continuing Tensions In Middle East


(MENAFN- The Peninsula) QNA

Singapore: Oil prices rose today amid continuing tensions in the Middle East and limited traffic through the Strait of Hormuz.

Brent crude futures climbed 33 cents, or 0.35 percent, to $95.36 a barrel, after falling 2.84 percent in the previous session.

US West Texas Intermediate crude futures increased 2 cents, or 0.02 percent, to $93.06 a barrel, after dropping 3.1 percent on Thursday.

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The Peninsula

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