Crude oil futures increase as Saudi state company raised its crude prices

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Crude oil rose by0.26%-0.7%

As of 6 June 2022, 08:48 (UTC+3), Brent Crude futures for August settlement were trading0.7% higher at $120.54 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures rose by 0.68% to $119.67 a barrel.

Oil futures increased on June 6 after Saudi Aramco raised pricesforAsiancustomersmore than it was expected.