New Delhi, 31 October (H.S.):

Crude oil prices climbed on Thursday, buoyed by strong

U.S. fuel demand and the prospect of supply adjustments from OPEC+. Unexpected

drops in U.S. gasoline and crude inventories highlighted strengthened domestic

consumption, catching analysts by surprise and encouraging buying activity. Additionally,

reports suggesting that OPEC+ may delay its planned production increase until

demand stabilizes further lifted market sentiment.

Brent crude and US West Texas Intermediate (WTI), both gained

around 0.40 per cent as Brent crude is trading at $72.85 per barrel, whereas US

WTI crude futures is at $68.94 per barrel.

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Hindusthan Samachar / Nimish kumar