Crude oil showed an upward movement on weakening dollar on Friday. The liquid gold rose above $82 in early trades. Anticipations of higher energy demand from the developing countries also helped the cause. Crude is now set to see a gain consecutively for the second week.

Prices of front-month US crude contracts moved to $82.60 a barrel, up by 49 cents by 1054 GMT. Earlier this week, crude contracts scaled $83.03 per barrel on Wednesday, highest since January 11. ICE Brent for delivery in April moved 49 cents up to $80.76.

Prices of crude was supported by a weakness in the price of the greenback seen on Friday after mixed trade and unemployment data for the US indicated that thought the country is recovering, it's at a snail's pace.

Friday's report of the International Energy Agency (IEA) also supported crude's upward pressure as it revealed that the world's total demand for oil would remain higher in 2010 as compared to the previous year.

IEA increased its February estimations by 70,000 barrels per day, stating that now it expects the world's average oil demand to be 86.57 million barrels.