West Texas Intermediate (WTI) crude oil moved higher on Thursday during the early European session, extending the prior day’s recovery. The US benchmark trades around $59.21 per barrel, up from Wednesday’s close of $58.93, signaling renewed buying interest despite persistent market uncertainty.
Brent crude follows WTI higher
Brent crude is also edging up, rising from Wednesday’s settlement at $62.68 to trade near $62.93. The parallel move in both major benchmarks suggests improving sentiment across the global energy market as traders reassess supply expectations and broader risk appetite.
