Zhitong Financial APP learned that oil stocks rose generally, as of press time.$China Oilfield Service (02883.HK) $Rose 3.79% to HK $7.36$Kunlun Energy (00135.HK) $Rose 3.02% to HK $7.84$China Petroleum & Chemical Corporation (00386.HK) $Rose 2.29% to HK $4.02$CNOOC Limited (00883.HK) $Rose 1.64% to HK $9.3$Petrochina (00857.HK) $It rose 1.57% to HK $3.88.

On the news, the US Energy Information Administration (EIA) expects the price of WTI crude oil to be $71.32 per barrel in 2022, compared with a previous estimate of $66.42 per barrel. The price of Brent crude is expected to be $74.95 a barrel in 2022, up from $70.05 a barrel. On Wednesday, WTI February crude oil futures closed up $1.42, or 1.75%, at $82.64 a barrel.