Washington-SANA
Oil prices rose, touching their highest levels in 9 months, in light of traders optimism about progress towards a US financial stimulus agreement.
According to Reuters, Brent crude futures recorded an increase of 42 cents, to determine the settlement price at $ 51.50 a barrel, and the highest price during the trading session was $ 51.90.
US West Texas Intermediate crude futures increased 54 cents to record $ 48.36 a barrel, after rising during the session to $ 48.59.
Both benchmarks reached their highest level since early March, and the US dollar hit its lowest level in two and a half years against the other major currencies.