Oil prices rose, and Brent recorded $78.15 per barrel

Oil prices rose on Tuesday, after a sharp decline in the previous session.

Brent crude futures rose 24 cents, or 0.38%, to record $78.15 per barrel, while US West Texas Intermediate crude rose 33 cents, or 0.46%, to $74.19 per barrel, by 00:26 GMT.

Prices fell by more than 3% during yesterday’s session, Monday.