Oil prices climbed as traders weighed Saudi supply risk and the flow of Russian diesel. This was reported by Qazaqyia.kz citing Reuters.
According to Reuters, market participants are taking into account potential supply risks from Saudi Arabia, as well as the flow of diesel from Russia. These factors influenced the rise in oil prices.
As the publication reports, traders are assessing the two mentioned issues — the Saudi supply risk and the Russian diesel flow — which led to the increase in oil prices.