Crude prices stabilized on Thursday as anticipations that OPEC would prolong output limits balanced growing U.S. oil production and inventories.
Brent crude oil rose 20 cents to $62.07 per barrel. U.S.
WTI edged 10 cents higher to $55.43 per barrel.
World oil markets are waiting for a meeting of the Organization of the Petroleum Exporting Countries in Vienna on Nov. 30 to see whether crude production cuts will be extended.