Tunis:Oil prices have experienced an upward trend today due to ongoing disruptions in energy supplies from the Middle East. Brent crude is on the verge of achieving its third consecutive weekly gain.
According to Qatar News Agency, Brent crude futures saw an increase of 58 cents, or 0.5 percent, reaching USD 113.75 per barrel. Meanwhile, West Texas Intermediate (WTI) crude futures experienced a rise of 66 cents, or 0.7 percent, bringing the price to USD 100.13 per barrel.
Brent crude reached its highest level since May 4 during the close of trading yesterday, positioning it to finish the week with a gain for the third consecutive time. In contrast, US WTI crude is expected to end the week with a loss, thereby concluding a two-week streak of gains.
