Singapore: Oil prices gained on Tuesday as renewed tensions in the Middle East renewed fears of supply disruptions from the world’s key crude-producing region.
Brent crude futures were up 56 cents, or 0.6%, to $91.05 a barrel, while US West Texas Intermediate (WTI) crude was up 83 cents, or 1%, to $86.59.
In the previous session, Brent closed up 2.7%, at one point reaching its highest since August 25, and WTI settled up 2.8%, touching its highest since August 21.
