Crude oil and gas prices trade higher but remain at low levels for the month 

Flags of the Opec countries: Report eases market concerns about demand 

The prices of both crude oil and European wholesale gas edged higher in the trading session, following large falls in recent weeks that were triggered by concerns about the health of major world economies. 

The price of Brent crude oil rose by 1.5% to $82.70 a barrel after the monthly market report from the Organisation of Petroleum Exporting Countries eased market concerns about waning demand in the US and China.