RIYADH: Oil prices rose nearly $1 per barrel on Thursday after dropping through key technical support levels in the previous session, as an energy standoff between European nations and Russia focused investor minds on how tight fuel supply may become.
Brent crude futures rose by 91 cents, or 1 percent, to $88.91 per barrel by 0331 GMT after closing at their lowest since early February in the previous session. US crude futures were up 95 cents, or 1.2 percent, at $82.89 per barrel.
UK to announce dozens of new North Sea oil and gas licenses
Iran says it has reached an agreement with Oman on a route for shipping through…
In a statement, Türk urged Iranian authorities to halt all executions and move toward the…
The latest Russian attacks mark an increasingly deadly escalation in the ongoing war, with July…
“I am alarmed by the rise in executions and death sentences issued in Iran since…
Available for over a yearMore than six years since the start of the Covid pandemic,…
He said: "This investment in access, wellbeing and nature means more people can enjoy everything…