WSJ:OIL FUTURES: Brent, Nymex Crude Prices Rise On Iran
LONDON (Dow Jones)--Crude oil futures rose Tuesday after a selloff in the previous session and also buyoed by fresh worries that rising tensions between Iran and the West could hit supplies and tighten the market.
At 1131 GMT, the front-month January Brent contract on London's ICE futures exchange was 97 cents, or 0.9%, higher at $108.23 a barrel, after rising to an intra-day high of $108.35 a barrel.
The front-month January contract on the New York Mercantile Exchange was trading up 68 cents, or 0.7%, at $98.45 per barrel.
-By Konstantin Rozhnov, Dow Jones Newswires; +44 207 842 9956; konstantin.rozhnov@dowjones.com
