Crude oil prices followed weak inclination through the week, while on Thursday oil prices have increased on surge in gasoline future.
Oil prices remained lower this week on concerns that US rig counts would continue to rise and that returning Libyan and Nigerian exports would stoke a global supply excess.
Some market players have said that oil prices to come under pressure again soon, as crude supplies return from Nigeria and Libya.
On Thursday, closing crude values have increased.WTI on NYME closed at $43.91/bbl, prices have increased by around $0.33/bbl in compared to last closing prices. While Brent on Inter Continental Exchange increased by $0.74/bbl in compared to last trading and was assessed around $46.59/bbl.