Oil Prices Rise After Inventories Fall

Dubai – (Massader News )

Oil prices rose at the end of trading on Wednesday, after the decline of US crude inventories, and the price of Brent crude for September delivery rose 0.6%, recorded $ 47.79 a barrel.

Nymex crude futures rose 1% to $ 45.49 a barrel.

OPEC said in its report for June, issued on Wednesday, that it expects a drop in supply of oil from non-OPEC producers this year.

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