The price of Petroleum US, the barrel of West Texas, rose 0.44% and closed at 83.19 dollars.
The barrel of Brent from the North Sea, for delivery in October, gained 0.47% and closed at 86.81 dollars.
The International Energy Agency (IEA) raised its forecast for global oil demand growth in 2023, which is heading towards its “highest level on record” to reach 102.2 million barrels per day, according to its published monthly report. this Friday.
“It was a bit surprising, as the previous OPEC report held about the same level of demand, but the IEA was very positive in announcing record demand driven particularly by the needs of the Chinese petrochemical industry,” said Matt Smith of the Kpler signature.
He noted that oil prices have risen despite the strength of the dollar, supported by a bout of renewed inflation in US wholesale prices.
Nine OPEC+ members, including its two heavyweights Riyadh and Moscow, have undertaken significant production cuts since May totaling 1.6 million barrels per day, but by 2022 another two million barrels had been cut by Saudi Arabia. , after the failed visit in July of President Joe Biden to that country.
