On Thursday, October 10, during early Asian trading, oil prices rose. The increase is driven by concerns over potential supply disruptions in the Middle East and a sharp rise in fuel demand due to a severe storm in the US, reports Reuters. Brent crude futures rose by 37 cents (0.5%) to $76.95 per barrel. Meanwhile, West Texas Intermediate (WTI) futures increased by 35 cents (also 0.5%) to $73.59 per barrel. What preceded this As reported by Reuters, the cause of this increase is Hurricane Milton, which has struck the west coast of Florida, causing tornadoes and a threat of rising sea levels. T…