Oil Prices Increase in Early Trading Session

London: Oil prices climbed in early trade on Tuesday for a second consecutive session. Brent crude futures rose 14 cents, or 0.2 percent, to $63.31 a barrel, while US West Texas Intermediate crude gained 18 cents, or 0.3 percent, to $59.50 a barrel.

According to Qatar News Agency, both benchmarks advanced more than 1 percent on Monday. This rise in prices marks a continuing trend of increases in the oil market, reflecting ongoing shifts in demand and supply dynamics.