Oil prices rose by 1.14%-1.41%
As of 14 February 2022, 07:49 (UTC+3), Brent Crude futures for April settlement were trading 1.14% higher at $95.51 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 1.41% to $94.39 a barrel.
Crude oil prices are increasing amid geopolitical tension.