Reported about 1 month ago
Oil prices have increased following a two-day decline as traders remain concerned about escalating conflicts in the Middle East. West Texas Intermediate rose by 2.3% to nearly $72 a barrel, while Brent crude settled just above $76. Analysts suggest that the market remains tense due to lack of progress in cease-fire discussions, alongside fluctuating output plans from OPEC and non-OPEC producers.
Source: YAHOO