Crude oil futures rise after a fall at the previous session
Oil prices rose by 0.68%-0.79%
On 8 September 2022, 09:13 (UTC+3), Brent Crude futures for November settlement were trading 0.68% higher at $88.6 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for October delivery rose by 0.79% to $82.59 a barrel.
Crude oil futures are rising this morning after a steep fall at the previous session due to concerns over possible slowdown in global demand for fuel. At the previous session, Brent settled at its lowest since January 24, WTI — at its lowest since January 11, according to Dow Jones Market Data.
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