Oil prices jump more than $3 to six-month high

Amman, October 24 (Petra) Oil prices rose by more than $3 on
Saturday, reaching their highest level in nearly six months amid
concerns over potential disruptions to energy supplies from the
Middle East.

According to Bloomberg, Brent crude futures gained $3.55, or 3.14
percent, to settle at $116.72 per barrel, their highest level since
April 29.

US West Texas Intermediate (WTI) crude futures rose $3.80 to $103.27
per barrel. For the week, Brent crude gained 6 percent, while WTI
rose 2.3 percent.

//Petra// AK