Brent crude futures rose 87 cents, or 0. 9 percent, to $ 96. 86 a barrel by 0041 GMT, after winning 1. 1 percent at closing on Friday.
US West Texas Intermediate crude futures recorded $ 89. 76 a barrel, an altitude of 80 cents or 0. 9 percent after the Friday session was closed, 2. 9 percent.
The prices of basic commodities increased Friday after the Chinese National Health Committee amended the procedures for preventing and combating the Corona virus.
However, the Coffeted virus rose in China during the weekend.
“The latest reduction in quarantine requirements is definitely a step in the right direction, but the market is likely to need more facilitation if this last enthusiasm will continue,” said ANG.
China’s demand for oil from Saudi Arabia, the world’s largest source, is still weak after it has requested many ranks to raise less crude in December. But the rise in the dollar limits the high price of oil..
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