Oil Prices Surge

Brent reaches $111 on supply concerns Oil prices climbed in early Asian trade on Monday due to drone attacks on the UAE and Saudi Arabia. The lack of a breakthrough on an Iran agreement added to upward pressure for oil prices. WTI front-month futures were t

Brent reaches $111 on supply concerns

Oil prices climbed in early Asian trade on Monday due to drone attacks on the UAE and Saudi Arabia.

The lack of a breakthrough on an Iran agreement added to upward pressure for oil prices.

WTI front-month futures were trading at $108.20 per barrel, up 2.59% on the session, while Brent had climbed to $111.50 per barrel, up 2.03%

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