
Oil Rises, Defying Stock Market Falls As Supply Concerns Persist
By Florence Tan and Laura Sanicola (Reuters) -Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned prices ahead of an impending European Union embargo on Russian oil. Brent futures rose 84 cents, or 0.8%, to $111.74 a barrel by 0306 GMT,…