Crude oil market sees slight increase of prices

Crude prices rose by 0.08%-0.28%

As of December 28, 07:47 (UTC+3), Brent Crude futures for March settlement were trading 0.08% higher at $78.28 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 0.28% to $75.28 a barrel.

Crude oil market sees a moderate increase of prices in expectation of a high short-run demand.