Oil Rises on Tight Supplies

Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang Province, China, on Aug. 22, 2019. Stringer/Reuters

LONDON—Oil prices rose by more than $1 on Thursday in response to tighter supplies.

Brent crude futures rose $1.33, or 1.4 percent, to $93.74 a barrel at 1020 GMT.