Oil extends gains on rising Mideast tensions - News Daily

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Sunday, January 5, 2020

Oil extends gains on rising Mideast tensions

By Florence Tan SINGAPORE (Reuters) - Oil prices added to recent gains on Monday, with Brent nearly at $70 a barrel as escalating tensions in the Middle East fanned worries about disruptions to supplies. Brent crude futures rose to a high of $69.95 a barrel and were at $69.65 a barrel at 0016 GMT, up $1.05, or 1.5%, from Friday's settlement.

The post Oil extends gains on rising Mideast tensions appeared first on Firstpost.



from Firstpost https://ift.tt/2umg6wS

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