Oil prices climbed to a one-month high to trade above $77 a barrel today aided by expectations of declining inventories and strong Chinese industrial output, which signalled robust demand.

For October delivery US crude rose 75¢ to stand at $77.20 by 03.25 GMT, while London Brent crude was up 40¢ to $78.56 a barrel, reports Reuters.

Chinese factories increased production by 13.9% in August.

Enbridge‘s Line 6A, which connects Canadian production with refineries in the Midwest and Cushing in the US remains shut following a leak three days ago. It has the potential to reduce flows to Cushing by around 300,000bpd.