Global oil prices rose slightly: Middle East remains a major risk factor.

WTI and Brent crude oil prices rose slightly in recent trading amid concerns that the tensions in the Middle East remain a major risk factor for global crude oil supplies. Reports of attacks on some oil tankers in key straits have also raised concerns in the market. In addition, rising demand for oil in the northern hemisphere's summer, the main tourist season, is another factor supporting oil prices. Analysts expect oil prices to remain volatile, depending on geopolitical developments in the Middle East and the decision on production capacity by the Organization of the Petroleum Exporting Countries and Allies (OPEC+) at the next meeting.


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