rude futures rose on a raft of supportive indicators on Thursday, although some traders warned that physical supply and demand fundamentals did not warrant a strong price recovery at this stage.
International Brent futures jumped above $40 per barrel in early trading and stood at $40.10 at 0425 GMT, up 26 cents from the last close and about 8 percent above lows reached earlier this week.
Front month U.S. West Texas Intermediate (WTI) crude futures were trading at $38.09 per barrel, up 34 cents from their last close and also 8 percent above their April lows.
