Oil prices rose on Tuesday amid concerns about the expansion of the conflict in the Middle East and the possibility of a tropical storm later this week affecting production in the United States, the world's largest crude producer. Brent crude futures for November rose 21 cents, or 0.3 %, to $74.11 a barrel, while US West Texas Intermediate crude futures for November rose 24 cents, or 0.3 %, to $70.61. Both crudes closed lower yesterday on concerns about demand. The US Gulf Coast is expected to face the risk of a hurricane by the end of the week. Source: National Iraqi News Agency
