Brent Crude Tops $101 as Markets Weigh Supply Risks
Singapore, October 07 (QNA) - Oil prices climbed on Wednesday, with Brent crude topping $101 a barrel as concerns over potential supply disruptions from a storm approaching US oil-producing areas were partly offset by increased crude supplies from the Middle East.
Brent crude futures gained 93 cents, or 0.92%, to $101.51 a barrel, while US West Texas Intermediate (WTI) crude rose 82 cents, or 0.92%, to $90.25 a barrel.
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