Oil prices rose in Asian trading on Thursday, buoyed by strong demand from the United States after gasoline inventories hit three-month lows and crude inventories fell abruptly as supply concerns persisted after Ukrainian attacks on Russian refineries.
Brent crude futures rose 11 cents, or 0.13 percent, to $84.14 a barrel, and U.S. West Texas Intermediate crude gained 6 cents, or 0.08 percent, to $79.78 a barrel.
Both benchmarks rose about 3 percent to a four-month high on Wednesday on expectations of increased U.S. demand and rising geopolitical risks.
Source (Al-Arabiya.net Website, Edited)
