Oil Prices Rise Again As Concerns About Middle East Conflict Escalate
Crude oil prices rose again Wednesday as traders priced in heightened concerns about violence in the Middle East. International benchmark Brent crude rose 2.7% to about $75.50 per barrel by midmorning, while U.S. benchmark West Texas Intermediate climbed 3% to $72 per barrel.
Oil Prices Edge up on Middle East Tensions, US Crude Stocks Build Limits Gains
NEW YORK (Reuters) -Oil prices climbed on Wednesday on worries that the escalating conflict in the Middle East could threaten oil supplies from the world's top producing region, but a large build in U.S. crude inventories limited gains.
OPEC, Oil and Saudi Arabia
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