
Oil prices rise on US data, Middle East tensions
Source: Live Mint BEIJING, – Oil prices rose in early trading on Thursday on a decline in U.S. fuel inventories and a ratchetting up of tensions in the Middle East. Brent crude futures rose 40 cents, or 0.57%, to $71.18 a barrel by 0213 GMT, while U.S. West Texas Intermediate crude gained 34 cents, or…