International oil prices rose during Thursday's trading, despite the initial US stockpile data indicating a rise, and amid expectations of reliance on oil to meet heating needs in light of the rise in natural gas prices .
OPEC expects global demand for oil to rise during the current fourth quarter, supported by the seasonal increase in demand levels for petrochemicals and heating fuels, and despite its reduction in demand expectations for crude from the total this year.
In terms of today's trading, the futures contracts for the benchmark Brent crude for December delivery increased by 0.8% at the level of $83.88 a barrel.
The US NYMEX crude contracts for November delivery also rose 0.8% at the level of $81.08 a barrel.
The data of the American Petroleum Institute revealed an increase in oil stocks in the United States by 5.2 million barrels for the week ending on October 8.
The EIA will release official data on US stockpiles later today.
