Oil prices rose for a third day on Thursday on worries about supply disruptions in Russia, while the market awaited clarity on Ukraine peace talks. However, an industry report showing a build in US crude stockpiles, showing a rise of 3.34 million barrels, limited the gains.
Brent futures were up 83 cents, or 1.09%, at $76.87 a barrel. US WTI crude rose 75 cents, or 1.04%, to $73.
Russia and the US have had their first meeting since the start of the Ukraine war, aimed at restoring relations. However, disruptions to oil supply kept prices elevated.
Potential restarts of oil flows from Iraq's Kurdistan region were offsetting supply risks, but Turkey did not receive confirmation from Iraq on the resumption as of Thursday, said the country's energy minister.
Official oil inventory data from the US EIA is due at noon on Thursday.
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