International oil prices continued to rise with the start of Thursday's session, in light of the growing global demand for crude and the persistence of production restrictions in the US Gulf of Mexico.
Oil's gains came despite the US dollar's rise to a one-month high after the Federal Reserve hinted that it may decide to raise interest rates next year.
ANZ said in a note cited by Reuters that the market was supported by the rise in the price of natural gas, while ING confirmed that oil fundamentals remain constructive Special in the United States.
US Energy Information Administration data revealed that crude oil stocks fell 3.5 million barrels for the week ending September 17.
In today's trading, Brent crude futures for November delivery rose 0.3% to $76.39 a barrel.
The US NYMEX crude contracts for November delivery also rose by 0.3% at the level of $72.43 a barrel.