Crude oil futures rise on concerns over commodity deficit
Crude oil prices rose by 1.19%-1.25%
As of 20 April 2022, 08:47 (UTC+3), Brent Crude futures for June settlement were trading 1.19% higher at $108.53 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for June delivery on the New York Mercantile Exchange rose by 1.25% to $103.33 a barrel.
Crude oil prices rise by over 1% on concerns over commodity deficit.