Oil prices rise after US inventory draw, Venezuela in focus

Brent crude futures LCOc1 climbed 24 cents, or 0.40%, to $60.20 a barrel by 0343 GMT, while U.S. West Texas Intermediate crude CLc1 was at $56.21 a barrel, up 22 cents, or 0.39% The post Oil prices rise after US inventory draw, Venezuela in focus appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More.

Oil prices rise after US inventory draw, Venezuela in focus
Oil field near Lake Maracaibo, in Cabimas

Brent crude futures LCOc1 climbed 24 cents, or 0.40%, to $60.20 a barrel by 0343 GMT, while U.S. West Texas Intermediate crude CLc1 was at $56.21 a barrel, up 22 cents, or 0.39%

The post Oil prices rise after US inventory draw, Venezuela in focus appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More.

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