Oil prices rise around two percent in intra-day trade

Oil prices today rose around two percent in intra-day trade. The crude prices gained amid supply concerns and a weaker U.S. dollar as attention turns to what OPEC and allies including Russia agree at a meeting next week marking the end of their 2020 output reduction pact. Brent crude was trading at 109 dollars and 20 cents per barrel while WTI crude prices were at 98 dollars and 20 per barrel.