Oil Prices Advance

Oil prices rallied today, marking some advances in equities, as investors pinned hopes on a possible Brexit deal.OPEC indicated that supply redcutions are expected.

However, additions were limited due to lingering issues of a global economic retreat.

Now, oil trades at $ 52.70, which is a loss of 0.17 or 0.32% from the previous close o 52.87. The daily range is from $52.60 to 53.13, while the trading volume is 85.751K.

Global benchmark Brent crude oil futures (LCOc1) had added 25 cents to $58.99, an inclien of around 0.4% from the previous day's close.

U.S. oil inventory reports are due out from industry group the American Petroleum Institute on Wednesday and the U.S. Energy Information Administration on Thursday.