Loading...

Oil spikes as Middle East strife heightens supply concerns

Oil spikes as Middle East strife heightens supply concerns

Brent crude futures were up $1.23, or about 1.4%, at$91.13 a barrel at 1326 GMT. West Texas Intermediate crude (WTI) futures were up $1.25, also around 1.4%, at $87.91 a barrel. Both benchmarks gained more than $3 to hit their highest levels in two weeks earlier in the session.