Brent's shortcomings was mainly due to the fall in Asian shares and a rising greenback potentially holding back demand given their ability to raise fuel cost for countries using other currencies domestically.
Brent for April settlement was at US$65.57 a barrel on the London-based ICE Futures Europe exchange, down 10 cents.
The split of the two major crude benchmarks has shrunk WTI's cut rate to Brent by less than $3 per barrel, compared to more than $7 late previous year.
The article also quoted a weekly report from General Electric's Baker Hughes unit which said the us oil rig count, an indicator of future production, rose by seven to 798, its highest since April 2015.
Nonetheless, oil prices still remain on positive territory due to the Organization of the Petroleum Exporting Countries' (OPEC) efforts to curb output to ease global glut.
Monday's United States holiday for Presidents Day supported WTI's performance compared with Brent as the USA markets caught up with Monday's gains, said Carsten Fritsch, oil analyst at Commerzbank AG in Frankfurt, Germany.
Barkindo said compliance past year stood at 107 percent and that OPEC and non-OPEC producers would hold a technical meeting in June.
The increase in USA production is not "a blip", Brouillette said.
Non-OPEC stocks outside North America are also believed to decline this year and the next. "Though the market likes OPEC and its allies' show of unity, we still need to see how USA shale companies will react on higher prices and eventually offset all the efforts of OPEC and others to reduce inventories". The panel's forecast for the market reaching equilibrium later this year assumes that Libya and Nigeria keep output at January levels and other participants in the deal maintain full compliance with cuts.
Ironically, this is all happening at the same time that the Nigerian government has pledged to participate in a global pact lead by Saudi Arabia and Russian Federation to restrict oil supply.
The most active gold futures contract on the Comex market in NY touched a high of $1,358.60 an ounce in midday trade, up more than 2pc or almost $30 an ounce compared to Tuesday's settlement after inflation data in the U.S. came in higher than expectations.
The American Petroleum Institute said last Tuesday that U.S. crude inventories rose by 3.9m barrels in the week to Feb 9, to 422.4m.