Oil (current news)

Oil prices remain positive at the beginning of the European session. Support for oil quotes is provided by a decrease in oil reserves in the United States. According to yesterday’s data from the API, oil reserves fell by -1.047 million barrels over the past week, against the growth in the previous period at 1.758 million barrels. Also, support is threatened by oil supply disruptions due to the possibility of an escalation of the conflict in the Middle East and the economic crisis in Venezuela.

At the moment, WTI crude oil is traded at $ 67.08, adding about + 0.84% ​​in price.

Brent crude oil is traded at around $ 72.16, losing about + 0.81% in price.

Alexander Sivtsov