Oil prices firmed on Wednesday as market participants weighed up geopolitical tensions and the prospect of OPEC+ extending supply cuts against weaker demand.
Brent crude futures rose 23 cents, or 0.3 per cent, to $73.85 a barrel by 0700 GMT, while US West Texas Intermediate crude futures gained 19 cents, or 0.3 per cent, to $70.13.
On Tuesday, Brent posted its biggest gain in two weeks, rising 2.5 per cent.
