Oil prices stabilize

Oil prices stabilized on November 22 after a 2% rise on November 21 amid an escalation of the conflict in Ukraine, Report informs.

January Brent futures on the London ICE Futures exchange rose by $0.09 (0.12%) to $74.32 per barrel.

January WTI futures rose on the New York Mercantile Exchange (NYMEX) electronic trading by $0.11 (0.16%) to $70.21 per barrel.