Loading...

mosque
partly-cloudy
°C,

Oil prices rebound as Brent crude rises to $104.96 per barrel

May 22, 2026 / 9:33 AM
Oil prices rebound as Brent crude rises to $104.96 per barrel
download-img
Sharjah 24 – WAM: Oil prices rose on Friday after recording notable declines in the previous trading session.

Brent crude futures gained US$2.38, or 2.3 percent, to reach US$104.96 per barrel by 00:34 GMT.

US West Texas Intermediate crude futures also rose by US$1.73, or 1.8 percent, to US$98.08 per barrel.

Both benchmarks had fallen by around 2 percent on Thursday, marking their lowest closing levels in nearly two weeks.

May 22, 2026 / 9:33 AM

Tags

More on this Topic

Rotate For an optimal experience, please
rotate your device to portrait mode.