Oil rises

Oil rises



7/11/2015 0:00

Singapore (Reuters) -
Crude oil prices rose on Friday after it fell more than two percent in the previous session, and some analysts say oversupply and rising dollar will continue to put pressure on crude markets.
The total US crude futures to $ 45.53 a barrel by 0700 GMT, up 33 cents from its level at the settlement, while Brent crude rose 27 cents to $ 48.25 a barrel. However, these gains came after sharp declines in the previous session on rising US crude stocks.
Some analysts said: The oversupply will continue to put pressure on the oil markets.

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