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2022 February 22   09:14

Crude oil prices rise amid political tension escalating worldwide

Oil prices rose by 1.25%-2.82%

As of 22 February 2022, 08:11 (UTC+3), Brent Crude futures for May settlement were trading 1.25% higher at $94.15 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for April delivery on the New York Mercantile Exchange rose by 2.82% to $92.75 a barrel.

Crude oil prices are increasing amid escalating geopolitical tension.

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