![Prices of oil are rising due to supply shortage worries](https://market-tracker.in/wp-content/uploads/2023/03/oil-pump.jpg)
Prices of oil are rising due to supply shortage worries
Tuesday marked the fourth straight session of rising oil prices as concerns about a supply shortage brought on by Saudi Arabia’s and Russia’s prolonged production cuts increased in response to the U.S.’s lackluster shale output. While Brent crude prices, the international oil benchmark, increased by 58 cents, or 0.61%, to $95.01 per barrel, U.S. West…