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[size=36]Oil prices rise, Brent records $100.99 a barrel[/size]
Economie| 08:27 - 01/03/2022
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Oil prices rose today, Tuesday, after a volatile start to the week, as the market weighed down a coordinated international release of crude stocks in exchange for Russian supply disruptions in the wake of Moscow's invasion of Ukraine .
Brent crude futures for May delivery rose by about $3.6, or 3.12%, to reach $100.99 a barrel.
The index touched a seven-year high of $105.79 after Russia's intervention in Ukraine last week.
US West Texas Intermediate crude futures rose for next April by about $0.86, or 0.96 percent, to reach $96.58, and this contract touched its highest level at $99.10 a barrel the previous day, and settled up by more than 4%. Ended 29/A4
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