NEW YORK, April 14 (Xinhua) -- Oil prices climbed on Thursday as traders weighed the prospect of a European Union (EU) ban on imports of Russian oil.
The West Texas Intermediate for May delivery added 2.70 U.S. dollars, or 2.6 percent, to settle at 106.95 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery increased 2.92 dollars, or 2.7 percent, to close at 111.70 dollars a barrel on the London ICE Futures Exchange.
