OIL prices jumped 3% on Thursday, extending gains from the previous session, as India buyers started reviewing their Russian oil purchases after the U.S. imposed sanctions on major suppliers Rosneft and Lukoil over the Ukraine war.
Brent crude futures were up by $1.94, or 3.1%, at $64.53 per barrel by 0428 GMT, while U.S. West Texas Intermediate crude futures were up $1.89, or 3.2%, at $60.39.
