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Oil Prices Rise, Brent Hits $ 70.92 A barrel

Dubai – (Massader News )

Oil prices rose on Thursday, and Brent crude futures rose by 0.6% to $ 70.92 a barrel as US inventories fell, according to a report published by Mubasher.

The price of NYMEX crude futures rose to $ 66.17 a barrel by 0.9%.

Data from the US Energy Information Administration revealed yesterday showed that oil inventories in the United States fell more than expected in the week ending January 19 by 1.1 million, according to Mubasher.

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