Brent futures were up 51 cents to $84.39 a barrel at 0956 GMT. U.S. West Texas Intermediate crude was up 57 cents to $79.83
Brent crude futures were up 51 cents to $83.54 a barrel at 11:49 ET (1649 GMT). US West Texas Intermediate crude futures were up 64 cents at $78.55 a barrel.
Oil prices are nearly flat as Brent crude futures loses 10 cents to trade at $92.26 a barrel. US West Texas Intermediate futures flat, but trades in the green, at $84.55 a barrel.
Brent crude futures fell 47 cents, or 0.4%, to $119.34 a barrel, while U.S. West Texas Intermediate (WTI) crude futures fell to $117.02 a barrel, down 57 cents, or 0.5%.
Organization of the Petroleum Exporting Countries, Russia and allied producers (OPEC+), stuck with its plan to raise its June output target by 432,000 barrels per day
Brent crude futures jumped $2.43, or 2.3 percent, to $109.07 a barrel at 0141 GMT, after surging nearly nine percent on Thursday in the largest percentage gain since mid-2020.
U.S. West Texas Intermediate crude rose 28 cents, or 0.3%, to $90.55 a barrel, having gained $2.01 cents the previous day to settle above $90 for the first time since Oct. 6, 2014
US West Texas Intermediate (WTI) crude futures were trading at USD 53.08 per barrel at 0106 GMT, up 8 cents from their last settlement.
International Brent crude oil futures were trading at USD 48.97 at 0102 GMT, down 3 cents from their last close.
Brent crude oil futures fell by more than USD 1 today to a four-year low of USD 81.23 a barrel, as a strong dollar and robust production from US shale oil fields weighed on prices.
US manufacturing grew in July at its fastest pace in two years, while a China industrial index beat expectations this week. Brent crude oil futures had gained 42 cents to USD 109.96 a barrel by 0411 GMT, after earlier hitting USD 110.09, its highest since April 3
World stocks and oil prices rose in choppy trade on Tuesday after a gloomy economic outlook by Federal Reserve Chairman Ben Bernanke kept alive views that the US central bank may take further steps to stimulate growth.
Bill O'Neill, founder, Logic Advisers offers his perspectives on CNBC-TV18 as oil surged on Friday in heavy trading to the fourth biggest daily gain on record, on a deal by European leaders to shore up euro zone banks triggered frantic short-covering by funds that had been riding crude's price-collapse over the last quarter.
Wall Street stocks ignored dour US economic data to keep February's rally alive on Tuesday, while the euro remained firm in anticipation of an injection of cheap cash from the European Central Bank.
Brent crude oil futures surged to nearly USD 111 a barrel on Tuesday, rising for the fifth straight session as investor optimism ahead of earnings season lifted markets.
Oil rose by about USD 1 a barrel on Monday, supported by hopes European leaders will come up with solutions to the region's debt crisis and by broader gains in global markets.
Brent crude oil futures rose by more than USD 2 to as high as USD 108.18 per barrel from the previous close on continued fears that violence in Libya could lead to wider supply disruptions from the OPEC country.