2021 May 25 09:14

Oil prices rise as the market expects the demand growth

Oil prices rose by 0.11%-0.28%

As of May 25 (08:05, Moscow time), Brent Crude futures for June delivery rose by 0.28% to $68.65 a barrel.

Light Sweet Crude (WTI) futures for August delivery on the New York Mercantile Exchange rose by 0.16% to $68.48 a barrel, for July delivery - by 0.11% to $66.12.

Oil prices continue rising driven by the demand growth prospects amid the COVID-19 pandemic decline.