Oil market sees upward prices correction

Oil prices climbed by 0.17%-0.36%

As of October 29, 07:50 (UTC+3), Brent Crude futures for January settlement were trading 0.36% higher at $83.96 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for December delivery on the New York Mercantile Exchange rose by 0.17% to $82.95 a barrel.

Oil market sees upward price correction following the decrease.