Doha: Oil prices rose by about $1 at settlement at the close of trading on Monday. Brent crude futures climbed $1.16, or 1.3 percent, to $94.25 a barrel at settlement. West Texas Intermediate (WTI) crude futures rose 76 cents, or 0.8 percent, to $91.30 a barrel. According to Qatar News Agency, the increase in oil prices reflects ongoing market dynamics and supply-demand factors affecting the global oil market. The rise comes amid concerns over supply constraints and geopolitical tensions influencing trading activities, contributing to the fluctuations in oil prices observed in recent sessions. Market analysts are closely monitoring the situation as traders and investors react to various economic indicators and external developments that could impact future oil prices. The current upward trend in crude prices highlights the volatility and sensitivity of the market to both regional and international events.