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Brent futures were down $ 1.33, or 2.1%, to $ 63.08 a barrel at 05:59 GMT, after jumping 6% overnight.
West Texas Intermediate U.S. crude futures fell $ 1.40, or 2.3%, to $ 59.78 a barrel, after rising 5.9% overnight.
Prices fell earlier this week amid concerns over tightening pandemic restrictions in Europe and postponing vaccine distribution, disrupting growth in fuel demand, but they reversed course sharply on Wednesday. due to the news of a grounded ship in the Suez Canal, which could hamper the price of ten tankers carrying 13 million barrels of oil.
There are ten ships in five holding areas to cross the 200-kilometer-long canal as the area approaches.
The market also received support on Wednesday due to data showing improving demand for gasoline in the United States and higher refining operation rates, while data also showed the strength of the economic activity in the euro area this month.
But analysts say these supporting factors are overshadowed by growing concern about global demand.
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