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HIBAPRESS
Oil prices rose by more than 3 percent during Asian trading today, Thursday, amid geopolitical developments in the Middle East that cast a shadow over global energy markets.
Brent crude recorded an increase of $3.51, or 3.72 percent, to reach $97.8 per barrel, while US West Texas Intermediate crude rose by about $3.31, or 3.73 percent, to $91.99 per barrel.
Oil prices had fallen by more than 5 percent during the previous session, amid fluctuations related to supply expectations and maritime trade.
These developments come in the context of a state of uncertainty witnessed by global oil markets, with investors continuing to anticipate field and political developments in the Middle East.
