Oil Prices Rise .. Brent Hits $ 48.43 A barrel

Dubai – (Massader News )

Oil prices rose on Friday, with Brent crude futures up 0.02% to $ 48.43 a barrel as investors were optimistic about global demand for crude.

Nymex crude futures rose $ 0.04 to $ 48.43 a barrel.

The International Energy Agency raised its estimate of demand for crude, in its monthly report yesterday, by 100 thousand barrels per day, to 1.4 million barrels per day.

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