Crude oil prices start rising
Crude oil prices rose by 2.5%-2.74%
As of December 1, 08:03 (UTC+3), Brent Crude futures for January settlement were trading 2.74% higher at $71.12 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for January delivery on the New York Mercantile Exchange rose by 2.6% to $67.89 a barrel.
Oil market sees an upward price correction after a steep decrease of prices.