Oil prices moved higher on Thursday after two consecutive days of losses, as concerns over global supply disruptions remained in focus amid continued uncertainty surrounding the US-Israel war involving Iran, News.Az reports, citing Al Jazeera.
As of 00:55 GMT, Brent crude futures had risen by 81 cents, or 0.77 percent, to $105.83 per barrel.
Meanwhile, US West Texas Intermediate (WTI) crude futures gained 97 cents, or 0.99 percent, reaching $99.23 per barrel.
The rebound in prices comes as doubts persist over the stability of a potential ceasefire linked to the Iran conflict.
Market sentiment has also been supported by a decline in US crude oil inventories, increasing concerns over tightening global supplies and reduced reserve levels.
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