NEW YORK, Feb 11 : Oil prices gained more than 2 per cent on Wednesday, buoyed by potential supply risks should tensions between the U.S. and Iran escalate, while draws of crude from key stockpiles suggested stronger demand. Brent crude oil futures were up $1.68, or 2.44 per cent, at $70.48 a barrel by 9:54

LONDON, Feb 11 : Oil prices gained on Wednesday, buoyed by escalating risk as U.S.–Iran talks remained tenuous, while draws of crude from key stockpiles suggested stronger demand. Brent crude oil futures were up 98 cents, or 1.4 per cent, at $69.78 a barrel by 0949 GMT. U.S. West Texas Intermediate crude r

Brent for April settlement gained 0.8% to $69.36 a barrel at 11:57 a.m. in Singapore.