Oil prices up on tighter OPEC supply, US jobs data
Adrian Bogdan
TOKYO : Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in U.S. jobs openings pointed to expanding economic activity and consequent growth in oil demand. Brent crude was up 32 cents, or 0.42 per cent, to $77.37 a barrel at 0135 GMT. U.S. West Texas Intermediate crude rose 42 cents, or 0.57 per cent, to $74.67. Oil output from the Organization of the Petroleum Exporting Countries fell in December after two months of
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