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The Economic Times

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INSANE: Oil prices rise for second session on continued middle east supply concern | Rare Historical Photos

Oil Middle East United States Tim Waterer Iran

Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought about by US-Iran conflict outweighed signs of recovering crude exports from the region.

Brent crude futures had risen 63 cents, or 0.6%, to $105.91 a barrel by 0002 GMT while US West Texas Intermediate crude was at $93.32, up 72 cents, or 0.8%.

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