Oil prices rose by 1.93%-2.29%
As of 4 March 2022, 08:18 (UTC+3), Brent Crude futures for May settlement were trading 1.93% higher at $112.59 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 2.29% to $110.14 a barrel.
Crude oil prices are increasing after a previous day decrease by 2% caused by Iran news.