Global oil prices continue to rise, though at a slower pace than the sharp 5-8% increases seen in previous days, as markets brace for a potential energy shock stemming from the Middle East crisis.
WTI crude was traded slightly up by 0.2% at 1 pm CET on Wednesday and traded just below $75 a barrel, while Brent rose more than 1%, averaging out at more than $82 a barrel.
