Tokyo-Sana
Oil prices rose in global markets today in meager trading before Christmas on the back of news of Russian cooperation with OPEC and the rest of the producers to support the market at a time when analysts expect a second weekly decrease in US crude oil stocks.
Reuters reported that Brent crude rose 12 cents, or 0.2 percent, to $ 66.51, while West Texas Intermediate U.S. crude rose seven cents to $ 60.59 a barrel.
It is expected that US oil stocks fell by about 1.8 million barrels last week, to decline for the second week, according to a preliminary opinion poll conducted by Reuters.