Crude oil futures rose driven by concerns over possible commodity deficit
Oil prices rose by 0.09%-0.16%
As of 7 July 2022, 09:21 (UTC+3), Brent Crude futures for September settlement were trading 0.09% higher at $100.78 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for August delivery rose by 0.16% to $100.85 a barrel.
Global oil prices are rising amid concerns over the commodity shortage in the market.