Oil prices closed trading in global markets, Tuesday, at an increase in light of anticipation of geopolitical events.
Nymex crude futures for March delivery rose 62 cents, or 0.85%, to reach $73.40 per barrel upon settlement.
Brent crude futures for April delivery reached $78.61 per barrel, an increase of 62 cents, or 0.79%.
World markets, especially the oil market, are monitoring political events, as US Secretary of State Anthony Blinken is visiting some countries in the region.
The British oil company announced slightly weaker annual profits than expected, after falling fossil fuel prices.
The energy major posted underlying replacement cost earnings, used as a proxy for net profit, of $13.8 billion for 2023, a sharp decline from the record $27.7 billion the previous year.
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