Oil prices rise amid tightening sanctions on Russia
after close1 source ↓written by the desknot a recommendation
- to $63.75
- 0.66%
- to $59.83
- 0.74%
Oil prices increased on Friday as Western sanctions on Russia tightened supply, creating geopolitical uncertainty. Brent crude rose 0.66% to $63.75 per barrel, while WTI climbed 0.74% to $59.83. The withdrawal of Gunvor Group's offer for Lukoil's assets highlights the impact of sanctions on the oil market. ⚡
Not investment advice. For informational purposes only.