Amid the high demand for fuel … high oil prices

Oil prices have risen in early trading today, heading to end a series of three -week losses, amid a high demand for fuel and expectations to postpone the implementation of the US President’s plans to impose opposite international customs duties until April, allowing more time to avoid the escalation of trade tensions.

Futures rose 19 cents to $ 75.25 a barrel, and US West Texas Intermediate crude futures increased 12 cents to $ 71.41, Brent crude rose 0.7% and West Texas Intermediate crude increased by 0.5%.