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Oil prices rise in light trading before Christmas

Xinhua, December 24, 2016 Adjust font size:

Oil prices ended slightly higher on Friday amid thin trading before Christmas holidays.

The West Texas Intermediate for February Delivery increased 0.07 dollars to settle at 53.02 dollars a barrel on the New York Mercantile Exchange, while Brent crude for February delivery added 0.11 dollars to close at 55.16 dollars a barrel on the London ICE Futures Exchange. Enditem