Oil prices rise in Christmas Eve trade amid supply cuts

Oil prices rose on Tuesday in thin pre-Christmas trading after Russia’s energy minister said cooperation with OPEC to support the market would continue and as analysts forecast a second weekly decline in U.S. crude inventories.

Brent crude was up 17 cents, or 0.25%, at $66.56 a barrel by 1110 GMT. U.S. West Texas Intermediate was 9 cents higher at $60.61 a barrel.