Singapore-Sana
Oil prices rose in volatile trade today, as the impact of global supply shortages outweighed fears that fuel demand would be affected by a recession and new restrictions imposed to contain the spread of "Covid 19" in China.
Reuters reported that the price of US West Texas Intermediate crude rose 96 cents, or 0.8 percent, to $ 121.89 a barrel.
Brent crude futures rose $1.05, or 0.9 percent, to $123.32 a barrel.
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