London, Sept. 29 (SANA) Oil prices rose for a second straight session on Tuesday as persistent concerns over potential supply disruptions from the Middle East outweighed signs of a recovery in the region’s crude exports.
Reuters reported that Brent crude futures rose 63 cents, or 0.6 percent, to $105.91 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 72 cents, or 0.8 percent, to $93.32 a barrel.
The gains came despite preliminary data showing a rebound in crude exports from major Middle Eastern producers in September.
Figures released Monday by commodities data firm Kpler showed that crude oil exports from major producers in the region rose to 12.8 million barrels per day in September, their highest level since February.
The recovery in regional exports was driven by increased shipments from Saudi Arabia and the United Arab Emirates.
The export figures pointed to an improvement in crude shipments from the region, but concerns over potential supply disruptions continued to weigh more heavily on the oil market during Tuesday’s trading.
R.H/R.K
