Brent futures closed up US$2.42, or 3%, to US$81.36 a barrel. US West Texas Intermediate crude climbed US$2.36, or 3.2%, to US$76.22.
LONDON: Oil prices gained more than 3% on Thursday on concerns of a broadening conflict in the Middle East after Israel rejected a ceasefire offer from Hamas.
Brent futures closed up US$2.42, or 3%, to US$81.36 a barrel. US West Texas Intermediate crude climbed US$2.36, or 3.2%, to US$76.22.
