Oil rises 2% amid concerns over Middle East supply disruptions; brent crude at .42/bbl | Stock Market News

Oil rises 2% amid concerns over Middle East supply disruptions; brent crude at $75.42/bbl | Stock Market News

Source: Live Mint Oil prices increased on Thursday as investors grew concerned that an escalating conflict in the Middle East could potentially disrupt crude oil shipments from the region. However, gains were limited by an improved global supply outlook. By 1211 GMT, Brent crude futures had risen by $1.52, or 2.06%, to $75.42 per barrel,…

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