Al-Marsad newspaper: Oil prices continued to rise today, Tuesday, amid supply concerns in the markets due to the repercussions of the Russian war in Ukraine and the Houthi attack on a Saudi oil facility.
Brent crude futures rose by 2.23% to reach $118.18 a barrel, and US crude futures also rose by 2.13% to $112.31 a barrel.
Brent contracts closed to the nearest maturity of yesterday’s trading session, up $7.69, or 7.12%, to record at a settlement of $115.62 a barrel.
US West Texas Intermediate crude contracts rose $7.42, or 7.09%, to settle at $112.12 a barrel.
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