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Crude oil prices rise on continuing supply risks


Oil prices rose by 3.3%-3.49%

As of 21 March 2022, 08:37 (UTC+3), Brent Crude futures for May settlement were trading 3.3% higher at $111.49 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for May delivery on the New York Mercantile Exchange rose by 3.49% to $106.66 a barrel.

Crude oil prices are foreign policy tension and risks of supply interruption.

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