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Oil Rises Intraday Amid Escalating Tensions

Source: Rigzone ·
Oil refinery towers and pipes with a city skyline in the distance
File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Mahmoud Mashal, Senior Market Analyst at VT Markets Dubai, highlighted that both WTI and Brent oil prices were rising intraday 'as escalating tensions in the Middle East revived concerns over Gulf supply'.

Read the full story at Rigzone

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to Rigzone.

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North facade of the White House with its fountain and flowerbeds Markets

Virginia state Sen. L. Louise Lucas, a Trump critic, charged in marijuana racketeering case

The investigation into the Democrat predates the current Trump administration. But the timing of the indictment before the midterms has raised eyebrows.

CNBC · Trading floor of the New York Stock Exchange with banks of monitors Markets

Wedbush assumes coverage of five housing-related stocks after recent underperformance

Seeking Alpha · Aerial view of refinery storage tanks near Houston on the Gulf coast Markets

Brent crude rises to five-month high after more deadly attacks in Saudi Arabia

Seeking Alpha ·