Crude oil market holds firm on positive demand outlook

International benchmarks for crude oil ended the trading session on Thursday, 16 September 2021 with minor gains as the restart at US crude production after Hurricane Nicholas is balanced with a positive demand outlook. The EIA said the global oil demand would rise to above 100 million barrels per day by the second half of 2022.

Brent gained 21 cents to close at $75.67/barrel.

WTI ended the session unchanged at $72.61/barrel.