Oil now

On Tuesday, oil quotes of major oil brands show a moderate decline after a limited increase in the start of the day. The multidirectional movement of oil prices is associated with API data, which showed a decrease in US oil inventories by more than 2 million barrels per week and with data that US oil production continues to grow and could reach the level of 7.7 million barrels per day. Against the background of upcoming data on US oil inventories from the EIA, this adds uncertainty to the oil market.

Look Technical Analysis of Oil.

At the moment, Brent crude is trading at $ 81.20, a decrease of about -0.20% in price.

WTI crude oil trades at $ 71.60, a decrease of about -0.40% in price.

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Dani Leviant

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