Oil Prices Rise with US Gasoline Supply Fears

Reuters reported that the prices of oil went up on heightened concerns on gasoline supply which rose 2% in the United States.

As quoted in the market news:

Brent crude oil edged up 12 cents to settle at $118.00 per barrel. April Brent futures became the front-month contract on Thursday. U.S. crude rose 30 cents to $97.31.

Click here to read the full Reuters report.