Oil prices continue to gain amid worries about supply disruptions; brent crude at $89.76/bbl

Oil prices continue to gain amid worries about supply disruptions; brent crude at $89.76/bbl

Oil prices continued their upward trajectory amid investor apprehensions regarding potential disruptions in supply due to escalating geopolitical tensions, on Wednesday. However, some of these concerns were mitigated by an unexpected increase in U.S. crude oil inventories. Brent crude futures climbed by 84 cents, representing a 0.9% increase, reaching $89.76 per barrel by 11:38 a.m. … Read more