Oil prices rose slightly on Tuesday as conflict escalated in the Middle East and ship-tracking data showed more tankers diverted away from the Red Sea after attacks by Yemen's Houthi movement in the region. According to Reuters, Brent crude futures rose 12 cents, or about 0.2 percent, to $78.27 a barrel, and crude settled down 14 cents on Monday, while U.S. West Texas Intermediate crude fell 17 cents, or 0.2 percent, to $72.52 a barrel.
(Petra)
Oil prices rose slightly on Tuesday as conflict escalated in the Middle East and ship-tracking data showed more tankers diverted away from the Red Sea after attacks by Yemen's Houthi movement in the region. According to Reuters, Brent crude futures rose 12 cents, or about 0.2 percent, to $78.27 a barrel, and crude settled down 14 cents on Monday, while U.S. West Texas Intermediate crude fell 17 cents, or 0.2 percent, to $72.52 a barrel.
(Petra)
Oil prices rose slightly on Tuesday as conflict escalated in the Middle East and ship-tracking data showed more tankers diverted away from the Red Sea after attacks by Yemen's Houthi movement in the region. According to Reuters, Brent crude futures rose 12 cents, or about 0.2 percent, to $78.27 a barrel, and crude settled down 14 cents on Monday, while U.S. West Texas Intermediate crude fell 17 cents, or 0.2 percent, to $72.52 a barrel.
(Petra)
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Oil prices rise as Middle East conflict escalates and tankers divert
 
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