Oil prices rose on Friday following the Israeli attack on the Iranian city of Isfahan. The news provoked a new wave of fears of growing conflict in the Middle East and restrictions on oil supplies from the region, Ednews informs via Interfax.
The cost of June futures for Brent on the London ICE Futures exchange amounted to $88.81 per barrel, which is $1.7 (1.95%) higher than the close of previous trading.
On Thursday, these contracts fell $0.18 (0.2%) to $87.11 per barrel.
WTI oil futures for May in e-trading on the New York Mercantile Exchange (NYMEX) rose in price by $1.7 (2.05%) to $84.43 per barrel.
According to the results of previous trading, the cost of these contracts had increased by $0.04 (0.1%), to $82.73 per barrel.
