Oil Prices Jump More Than 5% at Settlement

New York, March 06 (QNA) – Oil prices continued to rise on Thursday at settlement amid concerns over potential disruptions to shipping and supply due to the war in the Middle East.
Brent crude rose by $4.09, or 5.02 percent, to settle at $85.49 per barrel.
Meanwhile, West Texas Intermediate (WTI) crude, the US benchmark, climbed $6, or 8 percent, to $81.01 per barrel at settlement, marking its highest level since July 2024. (QNA)