Oil prices extend gains as rising US-Iran tensions fuelled supply concerns.
Brent Crude fell 43 cents to $63.41 in London while in New York fellow benchmark West Texas Intermediate fell 30 cents to $57.81.
With oil prices nudging steadily higher, market expectations are for crude-pumping countries to prolong their deal to curb output.
Retail prices for gasoline are gradually increasing, up by approximately 5 percent.
Oil gains after Saudi Arabia pledges to curb exports and OPEC members to boost cuts.
Oil markets steadied yesterday, supported by firm demand but weighed down by high supplies from OPEC.