Oil prices rose by 0.4%-0.53%
As of 25 January 2022, 08:00 (UTC+3), Brent Crude futures for March settlement were trading 0.53% higher at $85.88 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for March delivery on the New York Mercantile Exchange rose by 0.4% to $83.63 a barrel.
Crude oil prices continue increasing on demand growth prospects and insufficient growth of supply in the market.