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Rising prices of Brent oil and OPEC re-rise
Brent oil prices rose as the market closed on Saturday, while OPEC prices rose again.
Brent crude <LCOc1> rose 66 cents to $ 62.04 a barrel, recovering slightly after a five-day losing streak.
US light crude <CLc1> hit a three-day high, rising above the dollar before falling to $ 56.08 a barrel, up 94 cents a day.
While prices of OPEC rose to reach 59.98 dollars a barrel compared to 59.79 dollars on Friday.
But prices have been falling between 2 and 3 percent since the end of last week on concerns about oversupply in the United States.
Crude oil production in the United States hit a record 9.65 million bpd this month, meaning that US production has risen by about 15 percent since mid-2016.
The International Energy Agency said on Thursday that the United States would be responsible for about 80 percent of the global increase in crude production over the next 10 years. Finished
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