Mubasher TV
Contact Us Advertising   العربية

Oil prices rise on lower US inventory

Oil prices rise on lower US inventory
Photo Archive

Dubai – Mubasher: Global crude oil futures rose around 1% on Friday after U.S. data showed a drop in inventories for the fourth successive week.

Oil prices were set for a weekly drop on a stronger dollar.

Bent lost around 4% this week to continue last week’s decline, while US crude is set to end record weekly gains with a loss of more than 2%.Phot