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Oil prices rose, in today’s trading, and this comes at a time when expectations regarding demand and supply for crude vary in the markets, according to “Russia Today”.
By 09:26 Moscow time, US West Texas Intermediate crude futures rose 0.20% to $80.62 a barrel.
While Brent crude futures rose 0.22% to $86.37 a barrel, according to Bloomberg agency data.
The black gold prices had turned upwards upon Monday’s settlement, and yesterday’s session witnessed volatile trading in diverging expectations regarding demand and supply in the markets.
US crude ended trading at $80.46 a barrel, while Brent crude settled at $84.34 a barrel.
