![Oil prices increase due to a restart of a US pipeline and Russian supplies.](https://market-tracker.in/wp-content/uploads/2022/11/105625016-1544691366936gettyimages-930981446-1.jpeg)
Oil prices increase due to a restart of a US pipeline and Russian supplies.
On Monday, oil prices increased by more than 1% as a crucial pipeline that supplies the US remained closed and Russian President Vladimir Putin threatened to reduce production in retaliation for a Western export price ceiling. By 0300 GMT, the price of Brent crude futures had risen 30 cents, or 0.4%, to $76.40 per barrel….