Crude oil price hits two-week high on rising demand, uncertainty over Russia-Ukraine ceasefire
Oil prices continued to rise on Thursday, supported by indications of robust demand in the U.S. and lingering uncertainty surrounding efforts to resolve the war in Ukraine.
Brent crude futures reached a two-week high in early trading, gaining 27 cents, or 0.40 per cent, to $67.11 a barrel at 0442 GMT. U.S. West Texas Intermediate (WTI) crude futures increased by 29 cents, or 0.46 per cent, to $63 a barrel.
