Brent crude jumped to $111 a barrel on Thursday as fighting in the Gaza Strip sparked worries an escalation could ultimately disrupt oil supplies from the Middle East.
Hamas fired dozens of rockets into southern Israel, killing th
Brent held steady under $119 a barrel on Monday, as supply worries stemming from tightening Western sanctions on Iran and stabilising factory activity in China countered lingering concerns over the euro zone debt crisis. &n
Brent crude climbed to nearly $124 on Tuesday as fears of supply disruptions from Iran and unresolved tensions over its nuclear program outweighed concerns about demand and slowing global economic growth.