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2022 April 27   10:02

Crude oil market sees moderate increase of prices

Crude oil prices rose by 0.15%-0.34%

As of 27 April 2022, 08:25 (UTC+3), Brent Crude futures for June settlement were trading 0.34% higher at $104.97 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 0.15% to $101.85 a barrel.

Crude oil futures are rising as investors continue weighing the consequence of partial termination of Russian commodity supplies.

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