Brent and WTI Rise as Traders Weigh Middle East Supply Risks
December Brent futures rose 0.3% to $109.90 a barrel, while December WTI futures also advanced. Traders weighed persistent Middle East supply risks against recovering Gulf crude exports and prospects for additional Russian energy supplies.
By Farhan RafidOil prices were up Tuesday as traders weighed persistent Middle East supply risks against signs of recovering Gulf crude exports and prospects for additional Russian energy supplies.December Brent crude futures rose 0.3% to $109.90 a barrel, while December West Texas Intermediate fut…