Over the past week, Brent went up by 3%, WTI – by 3.7%.
Brent and WTI could rise more than 2% at the end of the week.
Many analysts still believe that the sharp rise in gas and coal prices will lead to an increase in demand for petroleum products.
Brent price went up by about 20% since mid-August when the energy crisis began to intensify.
Over the past week, the price of WTI went up by more than 5%, showing growth for the seventh week in a row.
Brent is trading above $82 a barrel.
Oil quotations continued to decline on Thursday after dropping nearly 2%.
The decision of OPEC+ to keep the previously adopted plan to increase oil production was a positive factor for the market in recent days.
The OPEC+ countries considered several scenarios for increasing oil production.
Ukrnafta has started drilling an oil well at the Verkhneomaslivetske field in Skole district of Lviv region.
Experts are trying to determine the cause of the leak in Orange County.
Traders are waiting for the next meeting of the OPEC+ countries.