Oil prices rise on Middle East supply worries
Oil prices rose in early trade on Thursday, extending the previous day’s sharp gains on concerns about Middle Eastern supply following disruptions at a field in Libya and heightened tension around the Israel-Gaza war.
Brent crude rose 33 cents, or 0.42%, to $78.58 abarrel by 0101 GMT, while U.S. West Texas Intermediate crudefutures rose 40 cents, or 0.55%, to $73.10.
