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Oil prices rise amid Gulf of Mexico storm, Middle East tensions

Updated : July 12, 2019 08:01 AM IST

Brent crude futures were up 37 cents, or 0.6 percent, at $66.89 per barrel by 0115 GMT.
US West Texas Intermediate (WTI) crude futures were up 34 cents, or 0.6 percent, at $60.54 a barrel.
By Thursday, oil companies in the Gulf of Mexico had cut more than 1 million barrels per day (bpd) of output, or 53 percent of the region's production, due to Tropical Storm Barry.
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