Oil Prices Hold Steady Despite Stalled US-Iran Talks

Oil prices continued their upward trend on Thursday in Singapore, despite a lack of progress in diplomatic talks between the United States and Iran.

The Brent crude futures rose by 43 cents, or 0.4%, to $103.51 per barrel at 0630 GMT, while West Texas Intermediate futures climbed 35 cents, or 0.4%, to $92.51 per barrel.

This marks the second consecutive day of price increases for oil, with a gain of 4% in the previous session.