Oil prices rose slightly on Monday amid fading Omicron fears and lingering concerns over tightening supplies on the back of geopolitical tensions in Eastern Europe and the Middle East.
Brent crude futures for April delivery rose 27 cents, or 0.3 percent, to $87.35 a barrel, while U.S. West Texas Intermediate (WTI) crude futures for March settlement were up 27 cents, or 0.3 percent, at $85.41.
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