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|NEW YORK Will Fuller V Jersey , July 14 (Xinhua) -- Oil prices continued to increaseon Friday as report showed global oil demand has picked up.
The International Energy Agency issued a strong outlook forglobal oil demand on Thursday, saying consumption in China, Germanyand the United States has increased in recent months.
Meanwhile, a weaker dollar also spurred market sentiment for thedollar-priced oil.
The West Texas Intermediate for August Delivery added 46 centsto settle at 46.54 dollars a barrel on the New York MercantileExchange Julien Davenport Jersey , while Brent crude for September delivery gained 0.49cents to close at 48.91 dollars a barrel on the London ICE FuturesExchange. Enditem
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