Crude oil market sees moderate growth of prices after previous day decrease
Crude oil rose by 0.44%-0.66%
As of 1 June 2022, 09:25 (UTC+3), Brent Crude futures for August settlement were trading 0.66% higher at $116.38 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for July delivery rose by 0.44% to $115.17 a barrel.
This morning, crude oil futures are showing a moderate growth after a decrease one day ago due to news on possible suspension of Russia from oil production deal of OPEC+.
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