The West Texas Intermediate (WTI) for May delivery rose 9 cents, or 0.11 percent, to settle at 80.70 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery increased 13 cents, or 0.15 percent, to settle at 85.12 dollars a barrel on the London ICE Futures Exchange.
"Traders focus on general market sentiment" and "are waiting for additional catalysts after the surprising OPEC+ production cut," Vladimir Zernov, analyst with market information supplier FX Empire, said on Thursday.
Several members of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known collectively as OPEC+, on Sunday unexpectedly announced crude output cuts of more than 1 million barrels per day from May.
The move fueled a strong rally on the oil market earlier this week.
Most U.S. markets will be closed on Friday in observance of Good Friday.
For the holiday-shortened trading week, the WTI advanced 6.65 percent, while Brent rose 6.55 percent, based on the front-month contracts.
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