Oil prices climb as geopolitical tensions outweigh US inventories By Reuters
By Siyi Liu SINGAPORE (Reuters) -Oil prices climbed on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine outweighed the impact of a bigger-than-expected increase in inventories. futures rose 60 cents, or 0.82%, to $72.81 as of 0734 GMT. U.S. West Texas Intermediate crude futures rose 64 cents, or 0.93%, to $69.39. Ukraine … Read more