![Concerns over Middle East oil supply are growing](https://market-tracker.in/wp-content/uploads/2024/08/thumbs_b_c_88a41cb6b5cc4a145767f4d5ea748e73-600x400.jpg)
Concerns over Middle East oil supply are growing
On Friday, oil prices marginally increased as investors considered Middle East production concerns; however, gains were tempered by indications of weakening demand. October delivery Brent crude futures, which expire on Friday, were up 23 cents, or 0.3%, at $80.17 per barrel. November’s more actively traded contract saw a 20-cent increase, or 0.2%, to $79.02. At…