Tensions in the Middle East contributed to rising crude oil prices

AS THE SITUATION IN THE MIDDLE EAST BECAME TENSE, THE GLOBAL OIL SUPPLY WAS AFFECTED, WITH WTI CRUDE OIL (CLU26) RISING BY $2.76 (+3.53 PER CENT) FRIDAY IN SEPTEMBER AND RBB GASOLINE (RBU26) RISING BY $0.1203 (+4.03 PER CENT) IN SEPTEMBER. PRICES OF CRUDE OIL AND GASOLINE HAVE RISEN SIGNIFICANTLY TODAY, RISING TO A ONE-WEEK HIGH. THE FAILURE OF IRAN AND OMAN TO REACH A RE-ESTABLISHMENT AGREEMENT HAS FURTHER EXACERBATED MARKET CONCERNS。