Crude Oil Prices Rise Above $89/bbl, Demand From US, UK & Japan Stabilises | CNBC TV18

Описание к видео Crude Oil Prices Rise Above $89/bbl, Demand From US, UK & Japan Stabilises | CNBC TV18

Oil prices rose in early trade today, as players took stock of the U.S. Treasury secretary's comments that the country's economy is likely in a stronger position than indicated by weak first-quarter data, coupled with supply concerns as conflict continues in the Middle East.

Brent crude futures gained 34 cents, or 0.38%, to $89.35 a barrel at 1211 GMT, and U.S. West Texas Intermediate crude futures rose by 33 cents, or 0.39%, to $83.90 a barrel.

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