The price of Brent crude oil rose by 0.84% to $66.34 per barrel, while WTI crude oil futures increased by 0.72% to $62.80 per barrel.

Meanwhile, gold prices are rising after a session of decline.

In recent days, OPEC raised its forecast for global oil demand growth in 2026 to 1.38 million barrels per day, citing stronger economic indicators in key regions. According to the estimate, by 2026 the world will consume an average of 106.52 million barrels of oil per day, which is 100,000 barrels per day higher than last month’s estimate.