Oil prices rose, in trading today, Thursday, after suffering losses this week, in light of concerns about the prospects for demand for black gold and global economic growth.
By 10:08 Moscow time, US West Texas Intermediate crude futures rose 0.38% to $74.58 a barrel.
While Brent crude futures rose by 0.54% to $78.11 a barrel, according to Bloomberg agency data.
Prices received support after data from the US Energy Information Administration indicated that crude oil stocks fell in the United States by about 5.1 million, contrary to expectations.
Source: RT