India, Feb. 1 -- Oil prices rose notably on Thursday, after having fallen sharply the previous day on concerns about the outlook for Chinese demand and data showing an unexpected jump in U.S. crude inventories in the week ended January 26th.
Benchmark Brent crude futures climbed 0.9 percent to $81.24 a barrel, while WTI crude futures were up 0.9 percent at $76.52.
Supply concerns persisted after American forces carried out strikes in Yemen against 10 attack drones and a ground control station belonging to the Iran-backed Houthi rebels, according to the U.S. military.
China's factory sector continued to expand with sustained increases in output and new orders amid the improving sentiment, survey results from S&P Global showed earlier toda...