Oil prices approaching $ 56

Baghdad- INA

 

Oil prices rose today thanks to expectations of a drawdown from crude stocks in the United States for the fifth week in a row, but concern about the increase in Corona cases in the world curbed the gains.

Brent crude futures rose 0.4 percent to $ 55.88 a barrel, by 07:03 GMT, while US West Texas Intermediate crude rose 0.5 percent to $ 52.50 a barrel.