Oil prices increased on Friday, December 25, amid incomplete trading before Christmas, but the forthcoming Brexit arrangement and hopes of the signing off on the U.S. relief package also maintained prices.
Throughout weak pre-Christmas trading, global benchmark Brent crude traded at USD51.37 per barrel at 0648 GMT for a 0.25 percent upsurge after closing on Thursday, December 24 at USD51.24 a barrel.
American benchmark West Texas Intermediate (WTI) was at USD48.30 per barrel at the same time for a 0.37 percent upsurge after ending the past session at USD48.12 a barrel.
Shareholders will intimately watch improvements after a Brexit was struck on Thursday to permit the UK to officially leave the European Union (EU) by the end of 2020.
