oil rises on middle east conflict
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Oil rises on Middle East conflict

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Arab Today, arab today Oil rises on Middle East conflict

New York - XINHUA
Crude prices rose on Friday as conflict between Israel and Hamas threatened oil supplies in the oil-rich Middle East. Light, sweet crude for December delivery added 1.22 dollars, or 1.43 percent, to settle at 86.67 dollars a barrel on the New York Mercantile Exchange. Brent crude for January delivery also gained and last traded around 109 dollars a barrel.
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