Petroprices rise 5% due to fears about Middle East supplies
Houston. Oil prices rose on Thursday as investors grew concerned that a widening conflict in the Middle East could disrupt crude flows from the region. Brent crude oil futures LCOc1 rose $3.72 or 5.03 percent to $77.62 a barrel. US West Texas Intermediate CLc1 crude oil futures rose $3.61 or 5.15 percent to $73.71. Markets … Read more