Oil Prices Rise Amid Declining US Inventories Singapore, 20 Mar (ONA) —- Oil prices rose in early trading today, amid a decline in US fuel inventories and escalating tensions in the Middle East. Brent crude futures rose by 40 cents, or 0.57%, to $71.18 per barrel, while US West Texas Intermediate (WTI) crude gained 34 cents, or 0.51%, to $67.50. The price increase followed US government data that showed a higher-than-expected drawdown last week in ...