Oil prices rose by 1.14%-1.24%
As of 19 January 2022, 07:55 (UTC+3), Brent Crude futures for March settlement were trading 1.14% higher at $88.5 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 1.24% to $85.88 a barrel.
Crude oil prices continue rising as demand is expected to remain high.