Washington - Ma'an - Oil prices rose in trading on Monday, amid fears that the conflict in the Middle East could expand to Lebanon. By 09:25 Moscow time, US West Texas Intermediate (WTI) crude futures rose 0.61% to $77.63 per barrel, while Brent crude futures rose 0.68% to $81.68 per barrel. Experts believe that concerns about escalating tensions in the Middle East led to a new wave of oil purchases, but fears of weak demand from China limited the rise in black gold prices. Source: Maan News Agency
Oil prices rise
RECENT POST
Oman Nature Reserve Threatened by Oil Spill
August 6, 2026
Iran and Oman Close to Deal on Hormuz Without US Involvement
August 6, 2026
Gold Rises 0.1% on Softer Dollar, Focus on US Jobs Data
August 5, 2026
Dollar Near 6-Week Low, Yen Steadies
August 5, 2026
Oman Oil Price Drops by USD 4.35
August 5, 2026