April 4 Reuters Oil prices rose on Thursday on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic growth in the U.S., the world39;s biggest oil consumer.

Brent futures for June rose 31 cents, or 0.4, to 89.66 a barrel at 0443 GMT. U.S. West Texas Intermediate WTI futures for May rose 30 cents, or 0.4, to 85.73 a barrel.

A meeting of top ministers from the Organization of Petroleum Exporting Countries and its allies OPEC including Russia, kept oil supply policy unchanged on Wednesday and pressed some countries to boost compliance with output cuts.

The group said some members would compensate for oversupply in the first quarter. It also said Russia would switch to output rather than export curbs.

Analysts at ING said oil prices continued to edge higher after the meeting recommended no change to OPEC output policy.

Both the June Brent contract and the May WTI contract have risen for the past four days and closed on Wednesday at the highest since the end of October.

Brent is facing some resistance at the US90bbl level, with it unable to break above it so far, the ING analysts said.

Also on Wednesday, Federal Reserve Chair Jerome Powell was cautious about future interest rate cuts because of recent data showing higherthanexpected job growth and inflation.

The comments were positive for oil because they indicated solid U.S. economic growth, said Rob Haworth, senior investment strategist for U.S. Bank39;s…

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