Seoul: Oil prices recorded a slight rise at settlement on Thursday: Brent crude futures rose by 9 cents to settle at US$105.72 per barrel, while US West Texas Intermediate crude futures gained 15 cents to settle at $101.17 per barrel.
According to Emirates News Agency, the increase in oil prices comes amid ongoing market fluctuations and geopolitical tensions affecting supply and demand dynamics globally. The minor uptick in prices reflects a cautious optimism among traders and investors as they navigate the complex factors influencing the energy market.