Geopolitical Concern Over Anti-Corruption Crackdown in Saudi Increases Oil Prices

New York: Oil prices rose on Thursday amid geopolitical concern about anti-corruption crackdown in Saudi Arabia.

The West Texas Intermediate for December delivery was up $0.36 to settle at $57.17 a barrel on the New York Mercantile Exchange, while Brent crude for January delivery rose $0.44 to close at $63.93 a barrel on the London ICE Futures Exchange.

IANS