Oil prices recover, WTI up 1.5% - Breaking The News
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Oil prices recover, WTI up 1.5%

EPA-EFE/TANNEN MAURY

The prices of oil futures rose on Thursday, leaving behind the losses experienced the day before. The change in investors' attitudes appears to be motivated by the fact that although the United States reported an increase in crude inventories of 3.2 million barrels, the figure came lower than expectations forecasted.

West Texas Intermediate (WTI) for May's settlements rose by 1.52% at 7:35 am ET to sell for $82.59 per barrel. Meanwhile, Brent for May's deliveries increased by 1.25% to go for $86.48 per barrel at the same time.

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