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Oil prices rise on decline in US drilling activity, OPEC supply cuts

Updated : April 22, 2019 07:58:16 IST

Brent crude futures were at a November 2018 high of $72.58 per barrel at 0028 GMT, up 0.8 percent from their last close.
US West Texas Intermediate (WTI) crude futures were at $64.55 per barrel, up 0.9 percent from their previous settlement.
Brent prices have risen by more than a third this year, while WTI has climbed more than 40 percent over the same period.
Published : April 22, 2019 06:23 AM IST

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