Oil Rises on Geopolitical Risk Concerns

Oil prices climbed in early trading on Tuesday for a second consecutive session as market participants assessed risks from Ukrainian drone attacks on Russian energy sites, along with rising tensions between the United States and Venezuela.اضافة اعلان

Brent crude futures rose 14 cents, or 0.2%, to $63.31 per barrel by 01:02 GMT, while U.S. West Texas Intermediate (WTI) crude increased 18 cents, or 0.3%, to $59.50 per barrel.

Both benchmark crude oils had gained more than 1% on Monday.

Reuters