oil
oil

Oil Prices Rise, Brent Higher Than $ 59 A barrel

Dubai – (Massader News )

Oil prices rose on Monday, with Brent crude futures up by 3.9% to $ 59.13 a barrel, according to a report published by Mubasher.

Nymex also rose by 3.1% to $ 52.22 a barrel.

Oil prices were affected by investors’ optimism from a report by a committee of OPEC and other producers from outside to follow up on the commitment to reduce the supply of crude, which showed highest level ever in August, according to Mubasher.

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