Oil prices rise on world

25 November 2024

Oil prices rise on world markets

09:41 06 May 2022 Read: 483

Oil prices rise on world markets

Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned prices ahead of an impending European Union embargo on Russian oil, AzVision.az reports citing Reuters.

Brent futures rose 84 cents, or 0.8%, to $111.74 a barrel by 0306 GMT, while U.S. West Texas Intermediate (WTI) crude climbed 80 cents, or 0.7%, to $109.06 a barrel.

More about: Brent WTI crude

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