Oil prices rise as heightened geopolitical risk exacerbates supply concern
Brent crude oil price news: Brent crude futures had climbed 24 cents, or 0.3 per cent, to $85.67 a barrel at 0029 GMT. US crude futures gained 25 cents, or 0.3 per cent, to $80.88 per barrel. Both benchmarks logged less a than 1 per cent change last week versus the previous week.
Brent crude oil price news: Oil prices rose in early Asian trading on Monday on concern over tighter global supply. Image: Reuters