Oil Prices Rise amid Ongoing Supply Concerns
Tokyo, May 12 (QNA) - Oil prices rose in early Asian trade on Tuesday as supply concerns persisted amid fragile negotiations aimed at ending the conflict between the United States and Iran.
Brent crude futures climbed 30 cents, or 0.29 percent, to $104.51 per barrel, while US West Texas Intermediate (WTI) crude gained 31 cents, or 0.32 percent, to $98.38.
Both benchmarks increased nearly 2.8 percent on Monday. (QNA)
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