Oil prices extend gains on tight supply, firm demand expectations - Sharjah24

Sharjah24 - Reuters: Oil prices rose more than $1 on Wednesday, buoyed by tight supplies and the prospect of rising demand from the upcoming start of the summer driving season in the United States, the world's biggest crude consumer.

Brent crude futures for July rose $1.38, or 1.2%, to $114.94 a barrel by 0511 GMT. Brent futures gained 0.1% on Tuesday and are up for a fifth day.U.S. West Texas Intermediate (WTI) crude futures for… [+620 chars]

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