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Politics

Bhavik Nair

Oil Prices Rise Amid Russian Political Turmoil

Oil Russia Vladimir Putin United States

Russian President Vladimir Putin meets with war correspondents in Moscow on June 13, 2023. Oil prices rose during Monday morning’s Asian trading session as investors and traders began digesting the impact of the attempted mutiny against Russian President Vladimir Putin while worries about a global slowdown remained.GAVRIL GRIGOROV / SPUTNIK / AFP VIA GETTY IMAGES

Oil prices rose during Monday morning’s Asian trading session, as investors and traders began digesting the impact of the attempted mutiny against Russian President Vladimir Putin; while worries about a global slowdown remained.

According to Zenger News Pro, West Texas Intermediate futures maturing in August rose 0.65% during Monday morning Asian trading session, to trade at $69.68 per barrel. Brent futures maturing in August rose 0.73% to trade at $74.36 per barrel.

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