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Oil prices climb over growing tensions in the Middle East
May 17, 2019
Source: Reuters

Oil prices climb over growing tensions in the Middle East

Oil prices gained in the international market on Friday, over growing tensions in the Middle East which has stoked concerns of potential supply disruptions. Brent crude futures rose 0.3% to $72.82 a barrel. WTI crude futures, on the other hand, climbed by 0.5%, and were priced at $63.18 per barrel. Several air strikes by a Saudi-led military coalition were carried out on the Houthi-held capital Sanaa yesterday.

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