Oil rises due to supply disruptions in the Middle East

THE PRICE OF WTI CRUDE OIL ROSE BY $1.99 (+2.32 PER CENT) IN OCTOBER, AND THE PRICE OF RBOB GASOLINE BY 0.0153 (+0.50 PER CENT) IN OCTOBER. CRUDE OIL AND GASOLINE PRICES ROSE SHARPLY THE FOLLOWING DAY IN A ROW, REACHING A SIX-WEEK HIGH. THE PRICE OF CRUDE OIL WAS SUPPORTED BECAUSE OF THE FEARS OF A NEW ROUND OF HOSTILITIES IN THE MIDDLE EAST。