Oil prices rose by 0.83%-0.84%
As of 24 January 2022, 07:43 (UTC+3), Brent Crude futures for March settlement were trading 0.84% higher at $87.81 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 0.83% to $85.85 a barrel.
Crude oil prices rise as demand increases.