Ammon News - Oil prices edged up on Thursday, after U.S. President Donald Trump ratcheted down tension with Europe over his demand for Greenland, while disruptions in supply from two large fields in Kazakhstan and a better demand outlook for 2026 lent support.

Brent crude was up 9 cents, or 0.14%, at $65.33 a barrel by 0320 GMT. West Texas Intermediate for March rose 13 cents, or 0.21%, to $60.75 a barrel.

The contracts climbed more than 0.4% on Wednesday, following the previous day's rise of 1.5%, after OPEC+ producer Kazakhstan halted output at its Tengiz and Korolev oilfields because of issues regarding power distribution.

Reuters