Doha: Oil prices rose on Thursday, pausing a five-day losing streak, on signs of steady demand in the US, the world's biggest oil user. Brent crude futures rose 20 cents, or 0.3%, to $67.09 a barrel, while US West Texas Intermediate crude was at $64.57 a barrel, up 22 cents, or 0.3%.

According to Qatar News Agency, both benchmarks slid about 1% to their lowest in eight weeks on Wednesday. The US Energy Information Administration said on Wednesday that US crude oil stockpiles fell by 3 million barrels to 423.7 million barrels in the week ended Aug. 1.

Potential US-Russia talks regarding the war on Ukraine have tempered concerns about supply disruptions.