Global Oil Prices Rise

Oil prices rose in early trading on Thursday, driven by a decline in U.S. fuel inventories and escalating tensions in the Middle East.

According to Bloomberg, Brent crude futures increased by 40 cents or 0.57% to $71.18 per barrel.اضافة اعلان

Meanwhile, U.S. West Texas Intermediate (WTI) crude rose by 34 cents or 0.51% to $67.50 per barrel.