Brent crude was up by 38 cents, or 0.7%, at $58.13 a barrel by 0647 GMT, while U.S. oil was up 40 cents, or 0.8%, at $52.45 a barrel.
TOKYO: Oil prices rose on Wednesday, with Brent gaining a seventh straight day, amid broad optimism as new coronavirus cases fell for a second day in China and concerns rose over supply after a U.S. move to cut more Venezuelan crude from the market.
Brent crude was up by 38 cents, or 0.7%, at $58.13 a barrel by 0647 GMT, while U.S. oil was up 40 cents, or 0.8%, at $52.45 a barrel.
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