Oil prices still fall with the increasing fear of the exhibits

Oil prices are still declining after the high supplies in the United States strengthened the fear of supplies, in light of the ongoing geopolitical tension. The “West Texas” rubol dropped, which approached $ 61 a barrel, after losing about 2% during the previous two sessions, while Brent ruol closed below the $ 65 level. The data has the increase in commercial supplies of gasoline and diesel in the second week, amid twice the indication of the indication of gasoline and diesel as the summer leadership season comes. Oil prices remain under pressure with the continuation of “OPEC” and its allies to pump more supplies into a market that already seems plunged. The geopolitical factors remain present at the scene, especially with the stumbling of core talks between the United States and Iran, and the possibility of reaching a peace agreement between Russia and Ukraine, two factors that can lead to changes in sanction policies and the market balances.