Oil prices rose on Thursday to extend several consecutive days of gains, buoyed by data showing U.S. fuel demand holding up well despite soaring Omicron coronavirus infections.
Brent crude futures rose 24 cents, or 0.3%, to $79.47 a barrel at 0502 GMT, up for a fourth day. U.S. West Texas Intermediate crude futures rose 26 cents, or 0.3%, to $76.82 a barrel for a seventh session of gains.
Gasoline and distillate inventories also fell, versus analysts' forecasts for builds, indicating demand remains strong despite record COVID-19 cases in the United States.
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