Oil Prices stabilize , Brent Tops $ 63 A barrel

Dubai – (Massader News)

Oil prices stabilized on Monday, and Brent crude futures reached  $ 63.51 a barrel, with the number of US crude drilling platforms increasing, according to a report published by Mubasher.

Nymex crude futures were also at $ 56.75 a barrel.

Investors are waiting for OPEC to release production data for the last month.

The number of US oil drilling platforms rose by 9 platforms during the week ending 10 November, to reach 738 platforms, according to Mubasher.

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