Oil prices rose slightly in the gap between Christmas and New Year, reversing the prior session's losses, buoyed by a slightly positive market outlook for the short term, despite thin trade ahead of the Christmas holiday.
Brent crude futures were up 74 cents, or 1%, at $73.37 a barrel, and US West Texas Intermediate crude futures also rose 74 cents, or 1.1%, to $69.98 a barrel.
