Muscat: Oilprices rose today, buoyed by optimism over US trade negotiations that would ease pressure on the global economy. Brent crude futures gained 24 cents, or 0.4%, to $68.75 a barrel. US West Texas Intermediate (WTI) crude futures climbed 25 cents, or 0.4%, to $65.50 per barrel.
According to Oman News Agency, on the supply side, US Energy Information Administration (EIA) data showed US crude inventories fell last week by 3.2 million barrels to 419 million barrels, exceeding analysts' expectations of a 1.6 million-barrel draw.
