Oil prices rose in early Asian trading on Wednesday, due to a decline in US crude stocks and the latest cut in production targets for the OPEC + alliance.
Brent crude futures rose 38 cents to $85.32 a barrel at 0021 GMT. US West Texas Intermediate crude rose 33 cents to $81.04 a barrel.
Prices received support from what sources quoted from the American Petroleum Institute data on Tuesday, which showed a decline in US crude stocks by about 4.3 million barrels in the week ending March 31.
Source: Agencies
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