At 08:55 GMT, a barrel of North Sea Brent rose 4% to settle at $115.38, having risen as much as 5.75% minutes earlier.
For its part, the WTI listed in New York gained 3.47% to 112.58 dollars per barrel.
On Wednesday, the price of Brent plummeted 13% and that of WTI 12%, impacted by a diplomatic opening by the Ukrainian president, Volodimir Zelenski, and by a signal from the United Arab Emirates in favor of increasing production.
But on Thursday, that country said it will keep its commitments as part of the OPEC+ alliance of exporting countries, which includes Russia.
“The Emirates believes in the value that OPEC+ brings to the oil market. We are committed to the agreement within OPEC+ and the current monthly production adjustment mechanism,” Energy and Infrastructure Minister Suheil Al Mazruei tweeted on Thursday. .
Source: Ambito
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