![Despite indications of a reduced supply, crude oil continues to rise](https://market-tracker.in/wp-content/uploads/2024/02/thediplomat_2017-04-13_15-44-27.jpg)
Despite indications of a reduced supply, crude oil continues to rise
On Thursday, oil prices marginally increased, U.S. West Texas Intermediate crude futures (WTI) increased by 17 cents to $78.08 per barrel. By 0150, the May contract was up 14 cents to $77.45 per barrel. The April delivery of Brent oil saw a 14-cent increase to $83.17 per barrel, while the May contract saw a 13-cent…