Gloab oil prices up nearly 5%

Amman, July 14 (Petra) – Oil prices skyrocketed on Tuesday, surging
roughly by 5% in afternoon trading as Brent Crude topped USD87 a
barrel.

August futures for US West Texas Intermediate (WTI) crude rose 3.52%
to USD80.89 a barrel as traders closely monitor developments
affecting global energy supplies, according to Bloomberg.

//Petra// HA