Oil Prices Rise by Over 1%

Singapore, May 18 (QNA) – Oil prices rose in early trading on Monday, by more than 1 percent, amid developments in the Middle East conflict.

Brent crude futures climbed $1.36, or 1.24 percent, to $110.62 a barrel, while US West Texas Intermediate crude futures reached $107.26 a barrel, up $1.84, or 1.75 percent. (QNA)