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Brent crude rose to $72.59 a barrel

London-ALsharqiya June 9: Oil prices rose after indications of a rise in global demand for fuel, affected by the continuation of vaccination campaigns in the world. Brent crude futures rose 37 cents to $72.59 a barrel, the highest level since May 20, 2019. Brent rose 1 percent on Tuesday. US West Texas Intermediate crude futures jumped 39 cents to $70.44 a barrel, the highest since October 17, 2018. Experts say Prices were also affected by the fading prospects of the return of Iranian supplies after the United States confirmed that it would not lift sanctions imposed on Iran.

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