Oil rebounded from 2022 lows on Thursday, as China began implementing a more relaxed version of its strict "zero COVID" policy and reports emerged that some tankers carrying Russian oil are facing delays in crossing to the Mediterranean from Russia's Black Sea ports after a G7 price cap came into effect.
Benchmark Brent crude futures rose 0.7 percent to $77.71 a barrel, while WTI crude futures were up 1.1 percent at $72.81.
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