Oil prices up $59 on tighter U.S. market, Middle East tensions
Oil prices rose Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies. Brent crude futures, the international benchmark for oil prices, were at 58.27 dollars at 0131 GMT, up 39 cents, or 0.7 percent from their last close – and third above mid-year levels. […]