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Crude oil futures increase on expectation of demand in China


Crude oil rose by 0.68%-0.73%

As of 6 June 2022, 08:48 (UTC+3), Brent Crude futures for August settlement were trading 0.7% higher at $120.54 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures rose by 0.68% to $119.67 a barrel.

Oil futures increased on June 6 after Saudi Aramco raised prices for Asian customers more than it was expected.

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