Crude oil rose by 0.76%-1. 2%
As of 18 May 2022, 09:06 (UTC+3), Brent Crude futures for July settlement were trading 0.76% higher at $112.78 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for July delivery rose by 1.2% to $110.95 a barrel.
Crude oil futures showed a moderate increase after a recent fall caused by Venezuela fuel supplies prospects.