CRUDE OIL UPDATE :: By Mcx Profit Hub

Oil ascends for a third day in the midst of heightening Mideast strains.

Oil costs ascended on Thursday for a third straight session, as the danger of contention in the Middle East stirred apprehensions of supply interruptions, refuting a startling ascent in U.S. inventories.

Brent rough prospects were at $72.16 a barrel at 0349 GMT, up 39 pennies, or 0.5%, from their last close. Brent quit for the day on Wednesday.

U.S. West Texas Intermediate (WTI) rough fates were at $62.41 per barrel, up 39 pennies, or 0.6%, from their past settlement. WTI shut everything down in the last session.

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