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2022 April 12   09:50

Crude oil futures rise as market weighs prospects of Iranian oil supply

Crude oil prices rose by 2.13%-2.29%

As of 12 April 2022, 08:31 (UTC+3), Brent Crude futures for May settlement were trading 2.13% higher at $100.58a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for May delivery on the New York Mercantile Exchange rose by 2.29% to $96.44 a barrel.

Crude oil futures rise as investors weigh prospects of Iranian oil supply.

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