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Oil Prices Rise, Brent Tops $ 62 A barrel

Dubai – (Massader News)

Oil prices rose on Tuesday, and Brent crude futures rose by 0.5% to $ 62.50 a barrel ahead of the release of preliminary US inventory data, according to a report published by Mubasher.

Nymex crude futures rose by 0.2% to $ 56.55 a barrel.

Investors are waiting for the US Petroleum Institute today to release preliminary inventory data last week, according to Mubasher.

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