Oil rises on Mideast risk, tight supply
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HOUSTON :Oil prices rose on Thursday as analysts pointed to low inventories and renewed Middle East risks as factors supporting the market. Brent crude futures were up 23 cents, or 0.3 per cent, to $68.75 a barrel by 11:04 a.m. ET (1504 GMT), while U.S. West Texas Intermediate crude futures rose 67 cents, or 1 per cent, to $67.05 a barrel. U.S. President Donald Trump has said letters notifying smaller countries of their U.S. tariff rates would go out soon, and has also alluded to prospects of a
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