Oil rises 1 percent on signs of tightening global oil supply
Brent crude, the worldwide benchmark for oil prices, was trading at $62.22 a barrel Tuesday afternoon, down 0.4 percent, while West Texas Intermediate ( WTI ) stood at $54.30, down 0.5 percent. The fund also warned trade tensions could spell further trouble. A report published by the US Energy Information Administration (EIA) last week showed that the country's oil production averaged a record 11.9 million barrels a day in November, up 345,000 from October and up almost 1.8 million ... Consulte Mais Informação