Brent crude rises to $95.42 per barrel

Benchmark crude oil prices rose moderately on Friday morning after a sharp decline on Thursday, Report informs referring to trading data.

August Brent crude futures rose 0.41% to $95.42 per barrel on London's ICE Futures Exchange.

July WTI futures rose 0.06% to $93.1 per barrel in electronic trading on the New York Mercantile Exchange (NYMEX).

A day earlier, oil prices were pressured by the State Department's announcement that Israel and Lebanon had agreed to observe the ceasefire following talks in Washington. Earlier, Israeli strikes on Lebanese territory angered Iran, which suspended communications with the US.