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2022 April 21   09:51

Crude oil futures started rising on decrease of US reserves

Crude oil prices rose by1.12%-1.21%

As of 21 April 2022, 08:51 (UTC+3), Brent Crude futures for June settlement were trading 1.21% higher at $108.09 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 1.12% to $103.35 a barrel.

Crude oil futures started rising driven by a sudden decrease of US reserves.

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