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Oil Rises Amid Middle East Supply Concerns - Fujairah Updates
  • November 15, 2024
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Oil Rises Amid Middle East Supply Concerns


Oil prices rose slightly on Monday amid growing concerns about potential supply disruptions from the oil-producing Middle East.

Brent crude futures for November delivery increased by 16 cents, or 0.22%, reaching $72.14 a barrel.

US West Texas Intermediate (WTI) crude futures added 8 cents, or 0.12%, to $68.26 a barrel.

Last week, Brent fell around 3%, while WTI fell by around 5%.

Source: Qatar News Agency

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