New York, October 30 (QNA) - Oil prices rose more than 2 percent today to their highest settlement levels since late April, as traders grew concerned about an escalation of the conflict in the Middle East.
Brent crude futures for December delivery, which expired today, climbed $2.76, or 2.4 percent, to settle at $117.64 per barrel after touching $118.
The more actively traded January Brent contracts rose $2.63 to $113.43 per barrel.
U.S. West Texas Intermediate (WTI) crude futures gained $2.12, or 2.08 percent, to $104.12 per barrel.
On a monthly basis, Brent gained 13.6 percent, while WTI rose 15.2 percent. (QNA)