Oil Futures Surge Amid Middle East Turmoil

The prices of oil futures experienced a notable increase on Monday as traders carefully evaluated the potential ramifications of opposition forces seizing power in Syria and ousting President Bashar al-Assad.

West Texas Intermediate (WTI) for January settlements climbed by 1.50% to trade at $68.20 per barrel. Concurrently, Brent for February deliveries surged by 1.32% to reach $72.03 per barrel.