Oil prices resume on Friday, September 30, 2022. They are driven by speculations about a possible drop in production by the Organization of Petroleum Exporting Countries and its allies (Opep+) and are compensating for the gloomy economic outlook for demand.

The barrel of Brent from the North Sea for delivery in November, which is the last trading day, rose 1.19% to 89.54 dollars around 09:20 GMT (11:20 CET). In the same month, American West Texas Intermediate (WTI) barrels for delivery rose 1.18% to 82.19 dollars.

As the oil market's reference currency on the other hand, the decline in the greenback benefits investors who use other currencies and increases their power to purchase. The Dutch TTF futures contract, being the benchmark for European natural gas, earned 5.43% to 197.90 euros per megawatt hour (MWh).