Oil is holding near $70 a barrel level as supply risks continue threatening market for this commodity, Bloomberg reports today.

Futures in New York grew yesterday by 2,1% showing the biggest gain in more than one month.

Strikes hurt production at three oil fields of Total SA in North Sea. Besides, Saudi Arabia suspended shipments through one of its key sea ways after Yemen rebels attacks.

WTI oil price is $69,77 per barrel today. This month it can show 5,9% drop, which will be the biggest slump since March 2017. Brent is traded for $74,62 a barrel. Price of this benchmark lost 6,1% this month. Futures in Shanghai grew by 0,7% to 513,4 yuan per barrel. Yesterday price increased by 0,6%.