LONDON (WAM)
Oil prices recovered as of the date of publication on Thursday, August 6, with Brent crude futures trading at $79.97 per barrel and US West Texas Intermediate (WTI) crude futures at $75.77 per barrel.
The price rebound followed recent declines, driven by 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.