Oil prices are rising on Tuesday morning after a four-day decline, as market participants are assessing the situation in the Middle East and the prospects for its settlement.

Accordingly, the price of November futures for Brent crude oil is $101.74 per barrel on the ICE Futures stock exchange in London, which is $1.4 (1.4%) more than at the close of the previous business day. On Monday it had fallen by $3.53 (3.4%) to $100.34.

And the October futures for WTI crude oil rose by $1.07 (1.12%) to $96.85 per barrel in online trading on the New York Mercantile Exchange (NYMEX). On the previous business day, their price had decreased by $4.52 (4.51%), amounting to $95.78.