Oil prices rose over 1% on Wednesday

Oil prices rose over one percent yesterday, as market participants anticipated a rise in demand from top importer China following its latest plans to boost economic growth. Brent Crude was trading over 1.2 percent up



at 73 dollars and six cents per barrel, and WTI Crude had gained 1.3 percent to trade at 69 dollars and 48 cents per barrel, according to the latest reports.