Oil Prices Rise as Markets Weigh Middle East Peace Prospects
Oil prices climbed on Thursday, recovering part of the previous session’s steep losses, as investors assessed shifting signals around a potential peace deal in the Middle East. Crude Benchmarks Rebound Brent crude futures rose 78 cents (0.8%) to $102.05 per barrel at 0400 GMT, while U.S. West Texas Intermediate (WTI) gained 76 cents (0.8%) to…