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Singapore, August 18 (QNA) – Oil prices rose on Tuesday as prospects for a Middle East peace agreement faded after the US ruled out extending the ceasefire, fueling concerns about energy supplies.
Brent crude futures climbed 27 cents, or 0.3%, to $91.14 a barrel after rising to their highest since July 30 on Monday.
US West Texas Intermediate crude futures were up 42 cents to $85.04 a barrel, but off an earlier session gain of more than 1% to reach $85.37, their highest since July 31. (QNA)
