Oil prices rose in Asian trading today, after the decision of the “OPEC +” alliance to reduce oil production, while investors’ attention turned to the prospects for demand and the impact of high prices on the global economy.
Brent crude futures rose 41 cents, or 0.5%, to $85.34 a barrel. West Texas Intermediate crude futures also rose 41 cents, or 0.5%, to $80.83 a barrel.
