Brent Crude Futures Climb to $95.52 Per Barrel Amid Supply Concerns

Dubai: Brent crude futures rose 0.92% to reach $95.52 per barrel in early trading on Wednesday, as oil prices increased nearly 1% in early trade, extending the previous session's surge. The rise is attributed to concerns over potential supply disruptions. According to Emirates News Agency, Brent crude futures increased by 87 cents, or 0.92%, to hit $95.52 a barrel by 0008 GMT. Concurrently, US West Texas Intermediate crude futures climbed by 80 cents, or 0.89%, reaching $91.02. Both contracts experienced significant gains on Tuesday, with Brent marking its largest increase since July 24 and WTI experiencing its largest since July 23.