Oil prices rose in early Asian trade on Thursday after strong demand for fuels in the U.S. outweighed concerns about the possibility of the world’s biggest oil producer and consumer defaulting on its debt. Brent crude futures rose by 26 cents, or 0.34%, to $76.67 a barrel by 0015 GMT. U.S. crude futures rose 28 cents to $72.84.
Meanwhile, copper prices witnessed decline.
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Read web story: https://www.cnbctv18.com/market/oil-prices-gain-on-strong-fuel-demand-data-16626411.htm
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