Oil Rises Over 2%; Brent Tops $90 Pb

(UrduPoint / Pakistan Point News / WAM – 31st Aug, 2026) SINGAPORE, 31st August, 2026 (WAM) Oil prices rose more than 2% in early trading on Monday.

Brent crude futures rose $2.22, or 2.52 %, to $90.32 a barrel, while US West Texas Intermediate (WTI) crude stood at $85.41 a barrel, up $2.01, or 2.41%.

Oil prices remain supported by concerns over middle East supply disruptions and uncertainty surrounding crude flows through the Strait of Hormuz.



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