Oil prices rise for second day after Middle East tanker attacks
Updated : June 14, 2019 09:31 AM IST
The attacks near Iran and the Strait of Hormuz pushed oil prices up as much as 4.5 percent on Thursday, putting the brakes on a slide in prices in recent weeks over concerns about global demand.
Brent crude futures were up 50 cents, or 0.8 percent, at $61.81 a barrel by 0313 GMT, having settled up 2.2 percent on Thursday.
US West Texas Intermediate crude futures rose 21 cents, or 0.4 percent, to $52.49 a barrel. WTI also closed up 2.2 percent in the previous session.
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