Oil rises for the third quarter, for the first time since 2010

Oil rose and traded more than $70 a barrel for a third consecutive day as a result of backing tensions around the Middle East. And while oil production grows fast, investors remain cautious.
Brent added 28 cents, or 70.4 dollars a barrel, while US crude rose 19 cents to 65.74 dollars a barrel.
Oil prices rose by more than 7 percent since the beginning of the month, following an increase of 5.3 percent in the first three months of the year. This allows it to register a third consecutive quarter of growth, something the market has not seen since 2010.
Geopolitical tensions and expectations of trade wars largely support the cost of raw material.
Brent traded at levels above $70 a barrel for the second time this year, from the end of 2014. Experts say this high oil price may not last too long.