Ammon News - Oil prices ticked up on Thursday after falling nearly 2% in the previous session, with investors weighing a potential OPEC+ output increase against conflicting tariff signals from the White House and ongoing U.S.-Iran nuclear talks.

Brent crude futures rose 8 cents, or 0.12%, to $66.20 a barrel by 0505 GMT, while U.S. West Texas Intermediate crude gained 9 cents, or 0.14%, to $62.36 a barrel.

Prices settled down 2% in the previous trading session after Reuters reported that several OPEC+ members would suggest the group accelerate oil output increases for a second month in June, citing three sources familiar with the OPEC+ talks. Reuters