Brent up as strike in Norway threatens to disrupt oil, gas output
Brent crude futures extended gains on Tuesday as a strike in Norway is expected to disrupt oil and gas output, fanning tight supply worries.
Brent crude futures rose 82 cents, or 0.7%, to $114.32 a barrel by 0105 GMT after a 2.4% gain on Monday.
U.S. West Texas Intermediate crude climbed $2.58, or 2.4%, to $111.01 a barrel, from Friday’s close. There was no settlement for WTI on Monday because of the July 4 U.S. public holiday.
