New York, Nov 11 (IANS): Oil prices rose on Tuesday, snapping a four-day losing streak triggered by oversupply concerns.
The West Texas Intermediate for December delivery moved up 34 cents to settle at $44.21 a barrel on the New York Mercantile Exchange, while Brent crude for December delivery increased 25 cents to close at $47.44 a barrel on the London ICE Futures Exchange, reported Xinhua.