Power Breakfast: Crude oil rises due to sanctions on Russia

Crude oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the West on top exporter Russia. Brent futures were up at $113.32 a barrel, and U.S. West Texas Intermediate futures (WTI) rose $107.93 a barrel.

Updated on: April 18, 2022, 09.42 AM IST
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