India, May 23 -- Oil prices recovered some ground on Thursday after falling for three straight session on demand concerns.
Benchmark Brent crude futures rose half a percent to $82.30 a barrel after the U.S. Energy Information Administration confirmed a small crude inventory build for the week to May 17. WTI crude futures were up 0.4 percent at $77.91.
Markets looked ahead to the OPEC+ meeting scheduled for June 1, though industry experts widely expect a rollover of existing voluntary cuts.
Russia said it exceeded its OPEC+ production quota in April due to "technical reasons" and will soon present to the Organization of the Petroleum Exporting Countries (OPEC) Secretariat its plan to compensate for the error.
The dollar held near a one-w...