Breaking News: Oil price rises as Russia cuts gas flow to Europe, US supply concerns #shorts #news

Breaking News: Oil price rises as Russia cuts gas flow to Europe, US supply concerns #shorts #news

Amid a report of lower inventories in the US and Russia cutting gas flows to Europe, oil price rose by $1 a barrel. Brent crude rose by $1.19 to $105.59 a barrel, while WTI crude gained $1.47 to settle at $96.45. After Russia's invasion of Ukraine in February, oil reached a 14-year high of $139 a barrel in March.

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#oilprice #brentcrude #wtocrude #russia #ukraine #newstoday

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