Oil prices rose slightly on Monday, following fresh diplomatic efforts to resolve the Ukraine crisis gave markets relief from supply concerns.
Sharjah 24 – Archyde.com:
Oil prices rose slightly on Monday, following new diplomatic efforts to resolve the Ukraine crisis brought relief to markets over supply concerns, which kept oil prices close to $100 a barrel.
Brent crude futures rose 25 cents, or 0.3%, to $93.79 a barrel at 1000 GMT.
US West Texas Intermediate crude futures rose 35 cents, or 0.4%, to $91.42 a barrel.
