Meanwhile, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) are expected to maintain their current production cuts.
European benchmark Brent crude futures for May rose 91 cents, 1.1 percent, to $87 a barrel, while the more actively traded June contract gained 75 cents, 0.9 percent, to $86.16.
In that regard, US West Texas Intermediate (WTI) crude futures for delivery in May, meanwhile, advanced 89 cents, 1.1 percent, to $82.24 a barrel. Both benchmark contracts were on track to finish higher for the third consecutive month.
Prices came under pressure after the unexpected increase in crude and gasoline inventories in the United States last week, due to an increase in crude imports and sluggish gasoline demand, according to data from the Energy Information Administration .
However, the increase in crude oil stocks was less than the build expected by the American Petroleum Institute, and analysts noted that the increase was less than what would be expected for this time of year.
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