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BUSINESS AWAAZ

Oil prices rise around 1% amid reports of oil demand rebound in 2023

14 December 2022 10:50 PM

Last Updated on December 14, 2022 10:50 pm by INDIAN AWAAZ

AMN/ WEB DESK

Oil prices were up around 1% today amid reports of oil demand rebound in 2023 from OPEC and the International Energy Agency. However, signals from data indicating a surprise build in U.S. crude inventories kept gains within a limit.

In intra-day trade, Brent crude was trading at 81 dollars and 50 cents per barrel while WTI crude prices were at 76 dollars and 20 cents per barrel.

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U.S. stocks rise after an unexpectedly small consumer price increase
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