After a significant drop in the international oil market, crude oil prices have rebounded, pushing both London Brent and US crude higher.

Reports indicate that London Brent crude increased by $4.13 to reach $91.93 per barrel, while US crude for April delivery rose by $4.31 to $87.76 per barrel.

In the previous session, global crude prices had seen a steep decline, with London Brent falling $14.30 to $84.66 per barrel and US crude dropping $14.66 per barrel.

Market data also shows that crude oil prices crossed $119 per barrel in the global market last week.