Dhaka, April 24 -- Oil prices recovered some losses on Thursday after falling nearly 2.0 per cent in the previous session, with investors weighing a potential OPEC+ output increase against conflicting tariff signals from the White House and ongoing US-Iran nuclear talks.

Brent crude futures were up 53 cents, or 0.8 per cent, to $66.65 a barrel at 0706 GMT, while US West Texas Intermediate crude was up 55 cents, or 0.88 per cent, to $62.82 a barrel.

Prices had settled down 2.0 per cent in the previous trading session after Reuters reported that several OPEC+ members would suggest the group accelerate oil output increases for a second month in June, citing three sources familiar with the OPEC+ talks, according to Reuters.

"While a risk-o...