The price of US “NYMEX” crude futures for November delivery increased by 2.1%, to $ 41.04 a barrel.
And the price of futures contracts for Brent crude for December delivery rose 2.2%, to $ 43.36 a barrel.
Investors are awaiting the disclosure of preliminary oil stocks data by the American Petroleum Institute later in the day, provided that the Energy Information Administration will announce the official numbers tomorrow, Thursday.
Crude prices fell during trading with fears of falling demand, as investor sentiment was affected by the continued increase in Corona injuries in the United States and Europe.
OPEC also reduced its estimates of global demand for crude during the current and next years, with the continuing repercussions of the Corona virus.
These were the details of the news Oil prices are rising more than 2% at close for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
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