TAG: WTI benchmarks

Oil prices rise on heightened supply concerns, brent crude at $86.48/bbl

Oil prices surged over 1% on Monday amidst escalating tensions between Russia and Ukraine, as well as heightened unrest in the Middle East. Brent crude futures saw a rise of $1.05, marking a 1.2% increase to reach $86.48 per barrel by 1423 GMT, while U.S...