Oil prices rebound after last week's sell-off


  • World
  • Wednesday, 22 Jun 2022

NEW YORK, June 21 (Xinhua) -- Oil prices rose on Tuesday, reclaiming some of the massive losses they had suffered in the prior week.

The West Texas Intermediate for July delivery added 1.09 U.S. dollars, or 1 percent, to settle at 110.65 dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery increased 52 cents, or 0.5 percent, to close at 114.65 dollars a barrel on the London ICE Futures Exchange.

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