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Oil climbs on OPEC warning

London, April 12 Oil prices climbed on Tuesday as Shanghai’s relaxation of some Covid curbs eased woes about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia. Brent crude futures rose by...

Tribune Web Desk

Updated At : 02:54 PM Apr 13, 2022 IST

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London, April 12

Oil prices climbed on Tuesday as Shanghai’s relaxation of some Covid curbs eased woes about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia.

Brent crude futures rose by $3.26 to $101.74 a barrel while US West Texas Intermediate was up $3.01. — Reuters

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