Oil prices rose today:il prices rose today, extending the previous day's rally, driven by optimism over US fuel demand following an unexpected drop in crude and gasoline inventories, while reports that OPEC+ may delay a planned output increase offered support. Brent crude futures gained 35 cents, or 0.5%, to $72.90 a barrel. US West Texas Intermediate crude futures climbed 32 cents, or 0.5%. According to Oman News Agency, Both contracts rose more than 2% yesterday (Wednesday), after falling more than 6% earlier in the week on the reduced risk of wider Middle East war. The market's recovery reflects traders' confidence in the stability of US fuel consumption and the potential influence of OPEC+'s production decisions on global oil supply.
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