Oil prices rise after report of US aggression

سه شنبه, 12 آبان,1405 10:04 ق.ظ
Oil prices rise after report of US aggression

TEHRAN, Nov. 03 (MNA) – Oil prices rose in early trade on Tuesday following a report that the US has launched drones toward Iran’s Qeshm Island.

Brent crude futures gained 48 cents, or 0.5 percent, to reach $105.25 a barrel as of 01:04 GMT.

US West Texas Intermediate (WTI) crude went up 47 cents, also 0.5 percent, to $96.93.

The gains came after oil settled lower on Monday, according to market data.

Brent futures had settled $8.66, or 7.63 percent, lower, at $104.77 a barrel on Monday.