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Oil prices continued to rise on Monday morning due to the ongoing tension in the Middle East.
On the ICE Futures exchange in London, the price of Brent oil for May delivery rose by $1.74 (1.69%) to $104.88 per barrel. Last Friday, it had risen by $2.68 (2.67%) to $103.14 per barrel.
On the New York Mercantile Exchange (NYMEX), the price of WTI crude oil for April delivery rose by $0.98 (0.99%) to $99.69 per barrel at online trading. In the previous trading session, it had increased by $2.98 (3.11%), reaching $98.71 per barrel.
