Production concerns drive oil prices up to $77.78 per barrel

Oil prices rose more than one percent on Thursday, supported by higher fuel demand as a major storm swept through Florida and concerns about possible disruptions to Middle East supplies. By 13:30 GMT, Brent crude futures rose $1.2, or 1.6 percent, to $77.78 per barrel, while US West Texas Intermediate (WTI) crude futures rose $1.16, or 1.6 percent, to $74.40 per barrel. The United States, the world's largest oil producer and consumer, is facing another major storm, Hurricane Milton, which hit Florida, where supplies ran out at about a quarter of gas stations, helping support crude prices. Prices rose this month after Iran fired more than 200 rockets at Israel on October 1. Source: National Iraqi News Agency

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Jeddah to Host Second Round of Saudi Toyota Baja Championship

Jeddah:Jeddah is preparing to host the Jeddah Baja Toyota Rally, the second round of the Saudi Toyota Championship Baja, starting Wednesday, November 11.

According to Saudi Press Agency, the event is held under the supervision of the Saudi Automobil…

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