Oil Prices Rise Over 1%, Brent Reaches $106.14
Oil prices experienced a significant surge of over one percent during early Asian trading on Monday. Brent crude futures advanced by $1.82, reaching $106.14 per barrel, while US West Texas Intermediate (WTI) crude futures gained $1.14, settling at $93.55 per barrel.
This recent volatility in oil prices stems from persistent concerns regarding potential disruptions to energy supplies from the Middle East.
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