Oil edges up on signs of strong demand

Oil prices edged up on Thursday, bolstered by signs of strong demand in the United States, with uncertainty over efforts to end the war in Ukraine also lending support.

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Brent crude futures were up 11 cents, or around 0.2%, at $66.95 a barrel at 1335 GMT, having hit a two-week high earlier in the session. US West Texas Intermediate was up 6 cents at $67.77.

Both contracts climbed over 1% in the prior session. Russia said on Wednesday that attempts to resolve security issues relating to Ukraine without Moscow's participation were a “road to nowhere.”