Crude oil futures rise driven by uncertainty over Russian oil embargo prospects

May 13, 2022

Crude oil prices rose by 1.03%-1.26%

As of 13 May 2022, 09:16 (UTC+3), Brent Crude futures for July settlement were trading 1.26% higher at $108.77 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures rose by 1.03% to $107.15 a barrel.

Crude oil futures continue increasing amid uncertainty over Russian oil embargo planned by the EU.

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