Oil futures ended higher Thursday, with investors shaking off a larger-than-expected rise in U.S. crude inventories.

U.S. crude oil inventories increased by more than expected last week in a fourth consecutive build, while product stocks declined, according to U.S. government data.

Oil prices edged lower on Thursday after an industry report showing a build in U.S. crude stockpiles weighed on sentiment, falling back from gains made in the previous session on worries over supply disruptions in Russia.