Energy & Resources
US oil price jumps 5.7% on Middle East supply fears
The main US oil contract jumped 5.7 percent on Tuesday as concerns grew over tight supplies linked to the Middle East conflict.
West Texas Intermediate rose to $109.60 per barrel in trading. Brent North Sea crude, the main international benchmark, rose 2.0 percent to $111.69 per barrel.
Uncertainty notes
The supplied information does not identify specific supply disruptions behind the price move.
Source
AFP news report published on .