International oil prices witnessed a jump during Thursday's trading, coinciding with the increasing demand for fuel in the United States of America.
The United States recorded a record increase in consumer demand for petroleum products, despite growing concerns about the new variant, Omicron.
The United States is the largest consumer of oil in the world, followed by China and the western part of the European continent.
Oil prices also received a boost from the US Federal Reserve's signal to tackle inflation before the economy derails.
In terms of trading, Brent crude futures rose 65 cents, or 0.9%, to $74.53 a barrel.
US West Texas Intermediate crude futures rose by 1%, or 74 cents, to $71.61 a barrel.
