Global oil prices rose modestly on Friday after China reported healthy economic growth, raising hopes for stronger energy demand in the world's No. 2 economy.

New York's main contract, West Texas Intermediate (WTI) for delivery in November, closed at $100.81 a barrel, up 14 cents from Thursday's close. Brent North Sea crude for December rose 83 cents to settle at $109.94 a barrel in London trade.

China, the world's biggest energy consumer and oil importer, said Friday that its economy expanded 7.8 percent year-on-year in July-September, snapping two quarters of slowing growth.

The oil markets turned "moderately higher" after China released the data, said Tim Evans of Citi Futures.

"Weakness in the US dollar is also a support for commodities denominated in US dollars," he said.

The dollar fell Thursday and Friday, especially against the euro, as US bond yields eased after the US Congress reached a deal to fund the government and raise the nation's borrowing limit, averting a potentially devastating debt default.

Robert Yawger, of Mizuho Securities USA, said that New York trading volume was low as the WTI benchmark contract crept closer to the $100 level. If the price goes below $100, "no one wants to be the idiot that bought if it's going down, especially before the weekend," he said.

Citi's Evans noted that the market remained well-supplied, "with robust US production growth and seasonally weak refinery operating rates leading to rising inventories."

The US government's Energy Information Administration announced it would resume its weekly report on US crude-oil inventories - a barometer for energy demand - on October 23.

The agency had suspended the report during the 16-day partial US government shutdown, which ended Thursday after the budget and debt deal.

In other oil market news, Russia's top oil producer Rosneft signed a memorandum on Friday giving China its first direct access to East Siberian energy fields.

The preliminary agreement gives the Russian firm a 51 percent stake and China's CNPC 49 percent in a joint venture for upstream developments.