Oil inches higher amid worry about supply
Unrest in Iraq and Ecuador raises concerns of production disruption
08 October 2019 - 08:02
Singapore — Oil prices rose on Tuesday, buoyed by overnight gains in industrial commodities, while unrest in oil-producing countries Iraq and Ecuador raised concerns of supply disruption, adding to support.
Brent crude rose 38c, or 0.7%, to $58.73 a barrel by 3.44am GMT, while US West Texas Intermediate (WTI) crude was at $53.08, up 33c, or 0.6%...
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