After losing more than 3% the day before, oil prices started to rise again on Friday. For the time being, investors are trying to reassure themselves with the prospect of a strong recovery in demand in the United States as the sunny days approach.

Around 10:10 a.m. GMT (12:10 p.m. in Paris), a barrel of Brent North Sea crude for July delivery was worth $67.62 in London, up 0.85% from the close on Thursday. In New York, a barrel of WTI for the month of June gained 0.85%, to 64.36 dollars.
Stephen Brennock, PVM analyst explains that "The coming weeks will probably see stronger demand for gasoline in the United States".

The day before, Brent and WTI had fallen as Colonial Pipeline operations resumed, Mr. Brennock summarized, removing a risk premium from the market.