New York-Sana
Oil prices closed higher, supported by expectations of strong demand and the belief that the OPEC Plus group of major crude producers will not rush to increase production.
Reuters reported that the global benchmark Brent crude contracts ended yesterday's trading session up 99 cents, or 1.1 percent, to settle at $84.71 a barrel, after falling at the lowest level in the session to $83.03.
US West Texas Intermediate crude contracts rose 84 cents, or 0.6 percent, to settle at $84.05 a barrel, after falling earlier to $82.74.
A Reuters poll showed that oil prices are expected to stay around $80 a barrel towards the end of the year, as tight supplies and rising gas prices encourage a shift to using crude as a fuel to generate electricity.
