Oil prices are rising amid expectations of a significant fall in US stocks

Oil prices rose after an industrial report indicated a significant decline in US crude oil shares, while the market evaluated the possibility of a ceasefire between Russia and Ukraine in the Black Sea. The Western Texas West Raw got up more than $ 69 a barrel after closing a little low on Tuesday. According to the US Petroleum Institute, the US Petroleum Institute has been the biggest decline since November, if the official data scheduled for this result confirmed on Wednesday, Brent Ru dismissed the $ 73 supplies. Stock fell by 4.6 million barrels last week. Together with the United States, the United States said Russia and Ukraine agreed over a ceasefire to ensure “safe navigation” in the Black Sea, while the Kremlin said its participation depends on conditions that include reducing sanctions. Some of the largest energy traders in the world have indicated that they are likely to return to Russia if the sanctions focused on it ended.