Oil prices rise in Asia trade Monday after Ukraine vote


New York's main contract, West Texas Intermediate (WTI) was up nine cents to $100.08 for June delivery in mid-morning Asian trading, while Brent North Sea crude for June gained 32 cents to $108.21 per barrel.

"With the risk of escalating geopolitical tensions in and around Ukraine... oil supplies could be disrupted," said Desmond Chua, market analyst at CMC Markets in Singapore.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read