Oil prices rise ahead of anticipated US-Russian meeting

Singapore: Oil prices rose on Thursday, following a sell-off in the previous session ahead of the anticipated meeting between the US President and his Russian counterpart.

Brent crude futures rose 28 cents, or 0.43%, to $65.91 a barrel, while US West Texas Intermediate (WTI) crude futures rose 23 cents, or 0.37%, to $62.89.

Both contracts hit two-month lows Wednesday following supply indicators from the US government and the International Energy Agency (IEA).