International benchmark Brent crude traded at $62.80 per barrel at 06.21 GMT on Thursday prior to OPEC's meeting in which participants are expected to discuss an oil cut extension decision.
Vienna will host the 173rd (Ordinary) OPEC Meeting and the third OPEC and non-OPEC Ministerial Meeting on Thursday, Nov. 30.
American benchmark West Texas Intermediate (WTI) traded at $57.48 barrel at the same time.
The U.S.' crude oil production continued to increase last week, according to the country's Energy Information Administration (EIA) data on Wednesday.
Crude output rose by 24,000 barrels per day (bpd) to reach 9.68 million bpd for the week ending Nov. 24, the EIA data showed.
This marked the sixth consecutive week that crude oil production in the country posted an increase.
Expectations that OPEC producers and Russia will extend their production cut agreement beyond March 2018 have been positively affecting crude oil prices for the past three weeks.
By Gulsen Cagatay
Anadolu Agency
energy@aa.com.tr