Singapore-Sana
Oil prices rose to the highest level in more than a month today, as the decline in the US dollar supported commodities along with expectations of a decline in crude inventories in the United States.
Reuters reported that Brent crude futures for June delivery rose 66 cents, equivalent to one percent, to $ 67.71 a barrel, after hitting the highest level during the session at $ 67.97.
The US West Texas Intermediate crude futures contract for May delivery, which expires today, increased by 70 cents, equivalent to 1.1 percent, to $ 64.08 a barrel, while the most active June contract recorded $ 64.02, up 59 cents, which is equivalent to 0.9 percent.
