Crude oil futures show cautious growth on reduction of reserves in U.S.

Oil prices rose by 0.07%-0.38%

On 27 July 2022, 08:28 (UTC+3), Brent Crude futures for September settlement were trading 0.07% higher at $99.53 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for September delivery rose by 0.38% to $95.34 a barrel.

Global oil prices are growing cautiously on API’s report about reduction of oil reserves in the U.S.