In the United States, a second consecutive quarter of GDP contraction has been announced, as market supply remains tight. Despite risks of recession, oil prices remained on the rise.

Around 09:45 GMT (11:45 CET), the barrel of Brent from the North Sea for delivery in September, which is the last trading day, rose 2.28% to $109.58. Meanwhile, the US West Texas Intermediate (WTI) barrel for delivery in the same month rose by 2.33% to 98.67 dollars.

U.S. gross domestic product (GDP) contracted again in the second quarter by 0.9% at an annualized rate, according to figures released on Thursday, increasing the risk of watch the world's first economy go into recession.

Investors are now waiting for the next meeting of the Organization of Petroleum Exporting Countries and their ten partners (Opep+) by videoconference in Vienna, headquarters of the cartel, apr& Degrave; s U.S. President Joe Biden's foot calls to Saudi Arabia to turn on the crude taps.