Oil prices rose in early Asian trading on Thursday after climbing to a 2023 high in the previous session, as fears of tight global supplies worsened amid a sharp drop in U.S. crude inventories.
Brent crude futures rose 0.78 percent, or 75 cents, to $97.3 a barrel. U.S. West Texas Intermediate crude futures rose 0.96 percent, or 90 cents, to $94.58. Government data showed U.S. crude inventories fell by 2.2 million barrels last week to 416.3 million barrels.
Source (Al-Arabiya.net Website, Edited)
