Crude oil futures increase in expectation of restrictions on import of Russian energy

Crude oil rose by 0.6%-0.77%

As of 30 May 2022, 08:38 (UTC+3), Brent Crude futures for July settlement were trading 0.6% hiwer at $116.25 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for July delivery rose by 0.77% to $115.88 a barrel.

On May 30, crude oil futures rise as investors expect news related to restrictions on import of Russian energy.