Both benchmarks had settled down more than $1 on Wednesday after steep declines the day before.
In a further bearish sign, gasoline inventories also posted a surprise build of about 1.9 million barrels in the week ended May 26, according to the data, compared with estimates for a draw of about 500,000 barrels. Meanwhile, Chinese data showed manufacturing activity contracted faster than expected in May, worrying markets about demand in the world's second-largest oil consumer.
Analysts at HSBC and Goldman Sachs have said they do not expect OPEC+ to announce further cuts at this meeting.Federal Reserve