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ANKARA - Oil prices rose on Monday over ongoing fears that the Organization of the Petroleum Exporting Countries (OPEC) will squeeze output to stabilize the market while data shows demand rising in Asia, Europe, and the United States. International benchmark Brent crude traded at $99.67 per barrel at 10:08 a.m. local time (0708 GMT), up 0.66 percent from the closing price of $99.01 a barrel in the previous trading session. American benchmark West Texas Intermediate (WTI) was at $93.75 per barrel at the same time for a 0.74 percent gain after the previous session closed at $93.06 a barrel. After Saudi Energy Minister Abdulaziz bin Salman pointed to production cuts to stabilize the market, another OPEC member, Oman, supported his warnings. "Oman supports OPEC+ efforts to maintain market stability in the face of distortions and volatility," Oman's Oil Ministry said in a Friday tweet. The OPEC group will also introduce a new production scheme, with a possible reduction in out
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