Brent crude futures rose 33 cents, or 0.4%, to $85.73 a barrel by 0300 GMT.
U.S. West Texas Intermediate crude futures climbed 46 cents, or 0.6%, to $83.08 a barrel.
Indications of strong summer fuel demand in the U.S. also kept prices buoyed.
Jet fuel demand on a four-week average basis was at its strongest since January 2020.
The strong fuel demand encouraged U.S. refiners to ramp up activity and draw from crude oil stockpiles.
Persons:
Brent, stoking, Jerome Powell, Jun Rong, Emril Jamil
Organizations:
Brent, . West Texas, Federal Reserve, Fed, IG, Jet, Gulf
Locations:
United States, U.S