US crude inventories were expected to fall by about 7.9 million barrels in the week ended November 25, contributing to a rise in oil prices.

Oil prices rose in early Asian trade on Wednesday as US crude inventories threatened to fall, but fears that OPEC+ would leave production policy unchanged at its upcoming meeting limited gains.

Brent crude futures were up 65 cents, or 0.8 percent, to $83.68 a barrel by 01:32 GMT, while U.S. West Texas Intermediate (WTI) crude futures were up 68 cents, or 0.9 percent. ..



Source link