Al-Marsad newspaper – Agencies: Oil prices recorded a new rise, today, Wednesday, amid expectations of a record rise at the end of the week, affected by the partial suspension of imports from Libya, in conjunction with Russian warnings to raise prices to an unprecedented level in light of the repercussions of the Ukrainian crisis.
Brent crude futures rose 1.4 dollars, or 1.3 percent, to 108.7 dollars a barrel, following the opening of European markets.
The price of West Texas Intermediate crude in the nearest maturity contracts, which expires today (Wednesday), rose 1.5 dollars, or 1.5 percent, to 104 dollars per barrel.
