Oil prices surge amid rising tension in Europe, Middle East; brent crude at $67.07/barrel

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Brent crude futures climbed 34 cents, or 0.54 per cent, to $67.07 a barrel by 0317 GMT, while U.S. West Texas Intermediate (WTI) crude for October delivery rose 34 cents, or 0.54 per cent, to $63.02 a barrel.