Oil Rises Over $2, US Crude Reaches $92.64 per Barrel

Beijing, June 08 (QNA) – Oil prices were up more than $2 a barrel on Monday after eroding hopes for an end to the wider war and a restart to crude flows through the Strait of Hormuz.

US crude futures were up $2.10, or 2.32%, at $92.64 per barrel, while Brent crude futures rose $2.33, or 2.5%, to $95.42 a barrel. (QNA)