Oil prices rises with Brent benchmark rising above 80 dollars per barrel

Oil prices rose yesterday with the Brent benchmark rising above 80 dollars a barrel, supported by expectations that the OPEC plus  producer group may deepen and extend output cuts due to concern over softer global demand.

In



intra-day trade, Brent crude was trading at 80 dollars and 72 cents per barrel, while U.S. West Texas Intermediate crude was trading at 75 dollars and 59 cents per barrel when reports last came in.