Oil prices on have risen to weaker dollar value against the euro and other currencies.
Brent crude oil for July rose 70 cents at $65.58 a barrel, while the US crude increased 70 cents at $60.90 a barrel, Reuters reported.
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The prices rose despite forecast that the Organization of the Petroleum Exporting Countries (OPEC) would maintain group production at its existing level.
The production policy for oil for the next six months would be decided in a meeting in Vienna on Friday where the OPEC ministers plan to meet.
In 2015, the oil production is up to two million barrels per day (bpd) by the OPEC cartel which is more than the demand for this year.
Saudi Arabia oil minister Ali al-Naimi told the news agency that the second half of 2015 may see an increase in oil demand, while there would be a fall in supply.
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By GlobalDataAcknowledging a production of more than planned over the last few months, OPEC is expected to increase its production target, according to analysts.
Investment management company AB Bernstein said that Saudi Arabia witnessed $6.1 per barrel OPEC extraction costs.
