Oil Prices Rise, Brent Higher $ 69 A Barrel

Dubai – (Massader News )

Oil prices rose at the end of trading on Wednesday, and the price of “Brent”  crude oil, increased by more than 0.3% to 69.06 dollars a barrel, following US inventory data, according to a report published by Mubasher.

US crude <NYMEX> rose 1% to $ 63.57 a barrel.

The US Energy Information Administration data showed that oil inventories in the United States continued to decline for the eighth week in a row by 4.9 million barrels in the week ending January 5 to record 419.5 million barrels, according to Mubasher.

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