Rome:Oil prices climbed more than 1% on Wednesday, marking a significant increase in the global market.
According to Bahrain News Agency, Brent crude futures gained $1.59, or 1.4%, reaching $115.47 a barrel as of 0435 GMT. Meanwhile, US West Texas Intermediate (WTI) crude rose by $1.43, also a 1.4% increase, to $101.33.
These gains reflect ongoing fluctuations in the oil market, with both Brent and WTI crude showing notable upward trends.