Oil Prices Stabilize Following Significant Gains

Abu dhabi: Oil prices held on to most of the previous session's sharp gains in early trade on Tuesday: Oil prices remained stable, with minor fluctuations observed in early trading on Tuesday.

According to Emirates News Agency, Brent crude futures inched up by 6 cents, or 0.06 percent, reaching $95.04 a barrel at 0001 GMT. Meanwhile, US West Texas Intermediate experienced a slight decline, falling 17 cents, or 0.18 percent, to settle at $91.99 a barrel. The market's response follows a period of significant gains, reflecting the ongoing volatility and influences impacting global oil prices.