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Oil rises by more than 1 per cent

Oil rises by more than 1 per cent

[26/January/2019]

SANAA, Jan. 26 (Saba) - Oil prices rose more than 1 percent on Friday amid fears that Venezuela's crude exports could soon be disrupted by unrest in the country.

Brent crude rose $ 61.80 a barrel in the futures contract by 5.75 GMT, up 71 cents, 1.2 percent above the previous settlement.

US West Texas Intermediate crude futures were $ 53.82 a barrel, up 69 cents, or 1.3 percent.


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