Brent crude ended the session up 55 cents, or 1%, at $56.34 a barrel while U.S. West Texas Intermediate (WTI) settled up 25 cents, or 0.5%, at $51.42 a barrel.
NEW YORK: Oil prices edged higher on Thursday as investors hoped the world's biggest producers would cut output more while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oilimporter China.
Brent crude ended the session up 55 cents, or 1%, at $56.34 a barrel while U.S. West Texas Intermediate (WTI) settled up 25 cents, or 0.5%, at $51.42 a barrel.
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