London — Crude oil futures rose on Monday as geopolitical tensions over the disappearance of a prominent Saudi journalist stoked supply worries, though concerns over the long-term demand outlook dragged on prices. Benchmark Brent crude oil jumped by $1.49 a barrel to a high of $81.92 before slipping to $80.83, up 40c, by 7.45am GMT. US crude was last up 20c at $71.54. “Growing tensions over the disappearance of journalist Jamal Khashoggi at the Saudi consulate in Istanbul has proved supportive for oil prices,” said ING commodities strategist Warren Patterson. Saudi Arabia has been under pressure since Khashoggi, a critic of Riyadh and a US resident, disappeared on October 2 after visiting the Saudi consulate in Istanbul. US President Donald Trump threatened “severe punishment” if it is found that Khashoggi was killed in the consulate. The kingdom said it would retaliate to any action against it over the Khashoggi case, state news agency SPA reported on Sunday, quoting an official so...

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