New York, March 31 (QNA) - Oil prices closed higher at settlement today, with Brent crude on track to post record monthly gains as geopolitical tensions intensify and the conflict in the Middle East expands.

Brent crude futures rose by 21 cents, or 0.19 percent, to settle at $112.78 per barrel.

US crude futures also climbed, gaining $3.24, or 3.25 percent, to settle at $102.88 per barrel. (QNA)