Singapore-Sana
Oil prices rose today as demand expectations revived due to indications of progress in the distribution of Covid 19 vaccines in the United States.
Reuters reported that US West Texas Intermediate crude futures rose 15 cents, equivalent to 0.25 percent, to $ 59.90 a barrel, after incurring losses for three days.
Brent crude futures also rose 24 cents, equivalent to 0.38 percent, to $ 62.94 a barrel, after incurring losses for four days.