Oil rises for fourth straight session on Gaza ceasefire rejection, US fuel stock data; Brent up 2% to hit $81/bbl
Oil prices gained over two per cent on Thursday, February 8, as investors considered the impact of Israel’s rejection of a ceasefire offer from Hamas and unexpected drops in US fuel stocks. Diplomatic efforts continue, with a Hamas delegation arriving in Cairo on Thursday for ceasefire talks with mediators Egypt and Qatar. Brent crude futures …