Oil futures rose this morning following a volatile start to the week, as the market weighed a coordinated international release of crude inventories against Russian supply disruptions in the wake of Moscow`s invasion of Ukraine.
May Brent crude futures gained about one percent to $98.90.
The benchmark touched a seven-year high of $105.79 after Russia`s invasion of Ukraine began last week.
U.S. West Texas Intermediate April crude futures were up about 0.8% at $96.53.
That contract touched a high of $99.10 a barrel the previous day and had settled up more than 4%.
Support The Readers Bureau Buy A T-Shirt Today https://www.bonfire.com/one-love-72/?fbclid=IwAR2bod-XSyrCPutOwG_SMnKiInk6Bqe2kCtjBsAFISqHluQcujrF2UUkFew
Readers Bureau, Contributor
Edited by Jesus Chan
Do you want to add feedback to this story? Please add a comment in the box below or send an email to email@example.com, Call us at 201-500-7715