Oil Rises on Middle East Tensions, Trade Concerns

Oil Rises on Middle East Tensions, Trade ConcernsSingapore, 10 Sep (ONA) — Oil prices rose today, supported by rising tensions in the Middle East and a call by US President Donald Trump for Europe to impose tariffs on buyers of Russian oil, though gains were limited by a weak market outlook. Brent crude futures rose 35 cents, or 0.53%, to $66.74 a barrel, while US West Texas Intermediate (WTI) crude futures gained 36 cents, or 0.57%, to $62.99.— Ends/Khalid