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New York, October 13 (QNA) – Oil prices rose nearly 2 percent at settlement on Monday, as developments in the Middle East overshadowed the prospect of increased market supplies following US President Donald Trump’s praise for renewed Russian diesel exports and an energy infrastructure ceasefire between Moscow and Kyiv.
Brent crude futures rose $1.93, or 1.8 percent, to settle at $106.65 a barrel, their highest level since Sept. 15.
US West Texas Intermediate crude rose $1.89, or 2 percent, to $93.74 a barrel. (QNA)
