Oil prices rise amid supply disruptions, US call to shun Iran crude


Oil prices rose on Wednesday following supply disruptions in Libya and Canada and after US officials told oil importers to stop buying Iranian crude from November. Brent crude futures rose 15 cents, or 0.2 per cent, to $76.46 per barrel at 0146 GMT, from their last close.

US West Texas Intermediate (WTI) crude futures were at $70.70, up 19 cents, or 0.3 per cent. The United States demanded all countries stop imports of Iranian oil from November, a State Department official said on Tuesday. Oil markets did not react.....

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