NEW YORK: Oil prices settled higher on Thursday, marking a three-day streak of gains, after data showed gasoline and distillate drawdowns in the US, while worries about supply disruptions in Russia also supported prices.

Brent futures settled up 44 cents, or 0.58%, at US$76.48 a barrel. US West Texas Intermediate crude futures (WTI) for March delivery rose 32 cents, or 0.44%, to US$72.57.