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Oil prices recorded a slight increase on Thursday, amid concerns about energy supplies, at a time when the failure of peace talks between Russia and Ukraine reduced expectations of reaching an agreement that would restore Russian oil flows to global markets.
Brent crude rose 14 cents, or 0.22 percent, to $62.81.
While US West Texas Intermediate crude rose 16 cents, or 0.27 percent, to $59.11.
Oil markets were awaiting the results of peace talks between Russia and Ukraine to find out whether the agreement would lead to the lifting of sanctions imposed on Russian companies, including the two Russian oil companies "Rosneft" and "Lukoil", but they have recently faltered.
