2021 October 11 09:30

Crude oil prices rise on high demand

Crude oil prices rose by 1.63%-2.04%

As of 11 October 2021, 08:04 (Moscow Time), Brent Crude futures for November delivery were trading 1.63 % higher at $83.74 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) November futures on the New York Mercantile Exchange rose by 2.04% to $80.95 a barrel.

Crude oil prices are rising driven by high demand amid the growth of gas prices.