Brent crude oil prices will hover around $82 per barrel (b) in 2024 and $79 per barrel in 2025, compared with their average of $82 per barrel in 2023.

U.S. commercial oil stocks increased by 1.3 million barrels last week, according to data released Wednesday by the U.S. Energy Information Agency (EIA).

This is a rare crude oil inventory movement at this time of year, in the middle of the northern winter.

The figure surprised the market, which had expected a drop of about 150,000 barrels for the week ending january 5, according to the consensus gathered by Bloomberg

Translated by: A.M