Oil rebounds as supply concerns dominate Posted on April 20, 2022 by cngpump The front-month WTI crude futures contract, which expires on Wednesday, rose 78 cents, or 0.8%, to $103.34 while the second-month contract gained 69 cents to $102.74. Related posts: Oil steady despite Libya supply drop, Shanghai preparing to reopen Oil price headed for 3% weekly fall on emergency stocks release Oil futures open higher on IEA warning on Russian supplies Oil prices rise on supply concerns as Ukraine crisis deepens Oil price: Crude oil futures climb as supply concerns linger Oil prices settle up 2 per cent, post weekly loss on stockpile releases Global oil price extends losses on reserves release, Yemen truce Oil price rebounds after reports of fire at Aramco oil facility Oil price climbs on pressure from Ukraine conflict, tight market OPINION: Uncertain path for global oil markets in coming days