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Oil prices are attempting to recover after weeks of decline.

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Oil prices are attempting to recover after weeks of decline

Global oil prices posted a slight uptick on Sunday, marking a modest attempt to reverse the downward trend that has persisted for several weeks.

Brent crude futures closed at $65.07 per barrel, rising by 7 cents, while U.S. West Texas Intermediate (WTI) gained 41 cents to settle at $60.98 per barrel.

Despite this small rebound, analysts note that overall oil prices remain under pressure, with recent market volatility reflecting ongoing uncertainty in global demand and supply conditions.

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