Oil prices rose on Monday to their highest level in three weeks, as investors eyed further US sanctions on Russia that may affect global supplies, while more oil imports by China also offered support along with signs of tighter supply.
Brent crude futures rose 89 cents, or 1.3 per cent, to $71.25 a barrel by 1114 GMT, while US West Texas Intermediate crude futures climbed 93 cents, or 1.4 per
