Crude oil futures rise on US reserves data
Crude oil rose by 0.57%-0.65%
As of 25 May 2022, 09:09 (UTC+3), Brent Crude futures for July settlement were trading 0.57% higher at $111.31 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for July delivery rose by 0.65% to $110.47 a barrel.
Crude oil futures are rising as US reserves increase is reportedly below the expected level.
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