Oil prices have determined in the midst of optimism about commercial conversations

Oil prices stabilized after the biggest profits in a week, supported by optimism about US commercial talks before the deadline next week, in addition to a scarcity of diesel markets that increase morally. Brent rose rose to $ 69 a barrel after climbing 1% on Thursday, while West Texas spread near $ 66. Indian Trade Minister Bush Goyal said he was confident that his country could reach an agreement with the United States before August 1, while Brazil and Mexico wanted to expand their trade relations. Diesel prices are driving the market to recovery, the diesel prices have risen sharply, resulting in high price grants for dedicated crude oil -grades that produce more quantities of this fuel, pumping a dose of strength into a stationary oil market. ‘Total Enemz’ said that the recent measures taken by the European Union to reduce the Russian energy imports increased the scarcity of scarcity in the market. Crude oil has been awaiting during this month, but it has been low since the beginning of the year, with the increase in supplies of the “OPEC+” coalition, which increases concerns about a possible vaccination in the offer. The coalition is expected to hold its next meeting on August 3 to make a decision on production levels. Also read: Indian “Ryleins” under a microscope with European warnings of Maswaf using Russian oil, Robert Rene, head of commodity and carbon research in Westpack Bank Corp, said: “With the decline in summer question and the continued increase in crude oil -we believe that the worldwide stocks will rise.” He added that the prices of ‘Brent’ crude oil are likely to fall to $ 60.