Singapore-Sana
Oil prices rose today as investors are looking to chase deals after a drop in the previous day due to the rise in OPEC Plus production, while the prospects for recovery improved thanks to strong economic data from the United States and China.
Reuters reported that Brent crude futures rose 78 cents, or 1.26 percent, to $ 62.93 a barrel, after dropping 4.2 percent yesterday.
US West Texas Intermediate crude futures increased 81 cents, or 1.38 percent, to $ 59.46 a barrel, after dropping 4.6 percent.
