Oil prices rise on US fuel demand; Brent hits $72.90

Oil prices rose on Thursday, extending the previous day's rally. This increase was driven by optimism over US fuel demand following an unexpected drop in crude and gasoline inventories. Additionally, reports that OPEC+ may delay a planned output increase provided further support. As a result, Brent crude increased by 0.5% to $72.90, while WTI rose by 0.5% to $68.93.