Brent Rises Toward $115/B, Supported By Mideast Tension

Published on Friday, 12 Oct 11:44 am

Brent crude climbed toward $115/B on Thursday as rising tensions in the Middle East stoked supply fears, keeping prices less than a dollar away from their highest level in almost a month, although forecasts of lower demand capped gains (Reuters). November Brent crude rose 52 cents to $114.85/B,  while US crude edged up 33 cents to $91.58/B after dropping more than 1% in the previous session.

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