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Oil Prices Rise in Early TradingSingapore, 3 Jun (ONA) — Oil prices in Asia today rose on supply concerns.
Brent crude futures rose 55 cents or 0.85% to $65.18 per barrel.
US West Texas Intermediate Crude was up 59 Cents, or 0.94 %, to $63.11 per barrel after rising by around 1% in the previous session.
Both contracts rose by nearly 3% the day before after OPEC+ decided to limit the increase in production in July to 411,000 barrels a day. This was lower than the market expected and similar to the rise in previous months.— Ends/Khalid
