Oil prices rise for third session on Mideast tensions - Reuters

Oil prices rise for third session on Mideast tensions - Reuters:

Oil prices rose on Thursday for the third day in a row as fears of supply disruptions amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories.

Brent crude futures were at $72.30 a barrel at 0839 GMT, up 53 cents from their last close. Brent is heading for its biggest weekly rise in six weeks.

U.S. West Texas Intermediate (WTI) crude futures were at $62.49 per barrel, up 47 cents from their previous settlement.