Oil regained some of its more than 2 percent decline in Asian markets on Thursday, weighed by the continuing situation in Ukraine.
Brent crude futures for April delivery rose 1.95 percent to trade at $93.89 a barrel, compared to the opening price of $92.09 a barrel.
The contracts also started trading on a bearish price gap, after they concluded yesterday’s trading at 94.81 dollars a barrel.
NYMEX crude oil futures contracts for March delivery also rose 1.74 percent to trade at $90.80 a barrel, compared to the opening at $89.25 a barrel.
The contracts started the session’s trading on a bearish price gap, after it concluded yesterday’s trading at levels of 93.66 dollars per barrel.