Oil prices continued their upward trend on Tuesday, marking a second consecutive session of gains as concerns over the stability of crude supplies from the Middle East persisted despite signs of improving regional exports.
Brent crude futures climbed about 0.6% to $105.91 a barrel, while U.S. West Texas Intermediate rose 0.8% to $93.32, with traders closely tracking supply movements and developments across the region.
Preliminary figures indicated that crude exports from major Middle Eastern producers reached approximately 12.8 million barrels per day in September, the highest level recorded since February. However, continued dependence on alternative and more expensive shipping routes has helped keep oil prices elevated.
