Oil prices gain more than one percent; Brent crude at 91.20 dollars per barrel

Oil prices today rose more than one percent. However, the crude were still heading for weekly losses on inflation worries and U.S.-Iran which could boost global supplies. In intra-day trade, Brent crude was trading around 92 dollars and 60 cents per barrel while WTI crude prices were at 91 dollars and 20 cents per barrel.