After reaching a decline the day before, oil stabilized on Thursday. The signs of a decline in fuel demand in the United States.

Brent crude futures rose 29 cents, or 0.3%, to $88.31 per barrel at 08:05 GMT, while American West Texas Intermediate crude futures rose 25 cents, or 0.3%, to $83.06 GMT. U.S. crude inventories fell unexpectedly last week, the EIA report also showed, as exports jumped. Emril Jamil, senior oil analyst at LSEG Oil Research said, “The current weakness in benchmark prices, after being tested above $90 levels, is due to the refocusing of market sentiment on global economic headwinds related to geopolitical tensions