WTI rises as US may put more sanctions on Russia

Source: Bloomberg
© Scanpix/AP
West Texas Intermediate oil increased on Monday trading session rebounding from the weakest level in nearly three weeks after the U.S. signaled it may put more sanctions on the Russian Federation as the Ukraine crisis continues. WTI for settlement in June advanced $0.92 to a level of $101.52 per barrel on the NYMEX and was last seen at $101.17 by 1:47 p.m. in London.

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