Oil prices rose by more than $3 at settlement on Saturday, reaching their highest level in nearly six months amid concerns over further disruptions to energy supplies from the Middle East.
According to Bloomberg, Brent crude futures climbed $3.55, or 3.14 percent, to settle at $116.72 per barrel, their highest level since April 29.
U.S. West Texas Intermediate (WTI) crude futures rose $3.80 to $103.27 per barrel. Brent ended the week up 6 percent, while WTI gained 2.3 percent over the week.
