Oil Prices Rise amid Anticipation of Further Gaza Talks

  • International
  • 8 February 2024
1

Oil prices rose on Thursday after Israel rejected a Hamas proposal for a ceasefire. Talks continue to try to end the conflict in Gaza and tensions in the Middle East in general, which have cast a shadow over the market since October.

Brent crude futures rose 22 cents, or 0.28 percent, to $79.43 a barrel. U.S. West Texas Intermediate crude futures rose 19 cents, or 0.26 percent, to $74.05 a barrel.

Source (Al-Arabiya.net Website, Edited)

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