Oil Prices Continue To Rise, Brent Hits $ 51 A barrel

Dubai – (Massader News )

Oil prices continued to rise to a two-month high on Wednesday, affected by the drop in US crude inventories.

Nymex crude futures rose 1.8% to $ 48.75 a barrel. Brent crude futures rose 1.6% to $ 51 a barrel.

US Energy Information Administration data showed yesterday that US oil inventories fell 7.2 million barrels last week

Focus Keywords

#Dubai Masaader News #Oil prices Masaader News #US Energy Information Administration #Energy Masaader News