NEW YORK: Oil prices rose about one per cent on Wednesday despite a surprise jump in US gasoline supplies, as investors worried that a potential expansion of the fighting in Gaza could disrupt crude supplies from the Middle East. Brent crude futures rose 22 cents, or 0.3pc, to $85.23 per barrel by 1835 GMT. US West Texas Intermediate crude futures settled 7 …
Read More »Oil edges higher amid crisis in Middle East
June 27, 2024