Crude oil prices rise in expectation of demand recovery

Oil prices rose by 0.43-0.48%

As of December 29, Brent Crude futures for March settlement were trading 0.43% higher to settle at $51.12 a barrel on the London-based ICE Futures Europe Exchange. Brent Crude futures for February delivery rose by 0.45% до $51.09.

Light Sweet Crude (WTI) futures for February delivery on the New York Mercantile Exchange rose by 0.48% to close at $47.85 a barrel.