Commodities round-up: Crude prices rise 2% overnight

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Crude oil prices have witnessed a big spike overnight. The prices have seen 2 percent of gains overnight and for the year 2022, the prices are up by nearly 6 percent. One of the reasons are the unrest in the OPEC Plus producer Kazakhstan. The other reason is coming in from the US, where the gasoline demand has been on the stronger side.

Crude oil prices have witnessed a big spike overnight. The prices have seen 2 percent of gains overnight and for the year 2022, the prices are up by nearly 6 percent. One of the reasons are the unrest in the OPEC Plus producer Kazakhstan. The other reason is coming in from the US, where the gasoline demand has been on the stronger side.

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