Oil prices rose, extending gains as signs of declining supplies and Chinese authorities' pledge to support the world's second-largest economy lifted sentiment.
Brent crude futures rose 7 cents to $82.81 a barrel, while U.S. West Texas Intermediate crude rose 11 cents to $78.85. Both benchmark crudes rose more than 2 percent and reached their highest closes since April.
Source (Al-Arabiya.net Website, Edited)
