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Oil was attempting to hold its line in early trade on Thursday after an overnight sell-off, as players grappled with weak demand alongside a possible delay to more supply entering the market next month.

Oil was attempting to hold its line in early trade on Thursday after an overnight sell-off, as players grappled with weak demand alongside a possible delay to more supply entering the market next month.

Brent crude futures for rose 9 cents, or 0.12%, to $72.79 at 0002 GMT after dropping 1.42% in the previous session. U.S. West Texas Intermediate crude futures for October were up 12 cents, or 0.17%, to $69.32 after dropping 1.62% on Wednesday.

Both benchmarks settled $1 lower at Wednesday's close.

OPEC+ is discussing delaying its oil output increase, scheduled to start in October after oil prices tanked to a nine-month low on Sept. 3, four sources from the producer group told Reuters on Wednesday.

Last week, the Organization of the Petroleum Exporting Countries and allies led by Russia was set to proceed with its 180,000 barrels-per-day output hike in October, part of a plan to gradually unwind its most recent cuts of 2.2 million bpd.

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