Oil gains as investors weigh Middle East tensions
Dec 29 (Reuters) – Oil prices rose in early Asian trading on Monday as investors weighed Middle East tensions that could disrupt supply, while a major hurdle remains in the Russia–Ukraine peace talks.
Brent crude futures rose 57 cents or 0.94% to $61.21 per barrel by 0112 GMT, while U.S. West Texas Intermediate (WTI) crude was up 54 cents or 0.95% to $57.28.
