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2021 December 22   09:12

Crude oil market sees moderate increase of prices

Crude prices rose by 0.23%-0.41%

As of December 22, 07:37 (UTC+3), Brent Crude futures for February settlement were trading 0.23% higher at $74.15 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for February delivery on the New York Mercantile Exchange rose by 0.41% to $71.41 a barrel.

Oil market sees moderate increase of prices driven by the demand expectation and US oil reserves statistics.

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