Abu dhabi: Oil prices have experienced a recovery, with Brent crude futures trading at $79.97 per barrel and US West Texas Intermediate (WTI) crude futures at $75.77 per barrel.
According to Emirates News Agency, the price rebound followed recent declines and is attributed to renewed market optimism regarding Middle East stability after earlier volatility. Brent crude settled marginally higher in the previous session, whereas US crude ended slightly lower.