Sunday , August 7 2022

Oil prices will increase by 4% with the Inquiries and Trump comments



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Direct: Oil prices rose by 4% when it tried to compensate for sharp spending on Wednesday after US inventory data and US President's statement.

According to the US Energy Information Administration, oil prices in Kusching, Oklahoma, fell to 116,000 barrels and dropped to 9 weeks after the oil prices dropped to a record low of one year.

US oil reserves increased by 4.9 million barrels in the ninth week and up to 1.3 million barrels per day.

The Department of Energy Information reports that the United States will receive $ 11.7 million per day stable oil production. Increased to barrel.

In turn, US President Donald Tramp thanked Saudi Arabia and praised the sharp decline in oil prices in the past.

At the end of yesterday's meeting coal price dropped by 6.5% due to the global supply.

The price of crude oil in the NYMEX in January rose by 3.9% to $ 55.54 per barrel.

In January, the Brent oil price increased by 2.6% to $ 64.18 per barrel.

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