Dubai – (Masaader News)
Oil prices rose during Wednesday’s trading, as US oil inventories awaited.
Brent crude futures rose 0.35% to $ 48.90 a barrel and Nymex crude futures rose to $ 46.10 a barrel by 0.48%.
Today’s release of US crude inventories is expected to be announced today, with expectations of a 2 million barrel drop.
The US Petroleum Institute announced yesterday that oil inventories in the United States fell by 5.78 million barrels during the week ending May 9.
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