Oil Prices Rise, And Brent Above $ 50 A barrel

Dubai – (Massader News )

Oil prices rose on Tuesday, with initial oil inventories forecast, and Brent crude futures rose 3.1% to $ 50.10 a barrel.

Nymex crude for September delivery rose 3.3 percent to $ 47.87.

The US Petroleum Institute is expected to issue preliminary estimates of US oil inventories later in the day.

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