Reported about 17 hours ago
Oil prices experienced a slight increase as geopolitical tensions between Russia and Ukraine raised concerns over supply, even as U.S. crude inventories grew more than expected. Brent crude futures rose by 0.2% to $72.97, and West Texas Intermediate climbed 0.23% to $68.91. Analysts noted risks related to potential Ukrainian attacks on Russian energy infrastructure, while global oil demand is projected to rise, despite a significant increase in U.S. crude stocks.
Source: YAHOO