SINGAPORE: Oil prices rose on Thursday, adding to solid gains in the previous session on persisting concerns over Middle Eastern supply following disruptions at a field in Libya and heightened tension around the Israel-Gaza war, according to Reuters.
Brent crude rose 38 cents, or 0.5 percent, to $78.63 a barrel by 7:40 a.m. Saudi time, while US West Texas Intermediate crude futures rose 52 cents, or 0.7 percent, to $73.22.