Oil prices are rising with the rise in US stocks
Oil prices stabilized after a fall, after an industrial report indicated an increase in US crude shares, while geopolitical problems continued to exacerbate. The world’s world record crude oil approaches $ 70 a barrel after dropping 0.7% on Tuesday, while the West Texas West trade was less than $ 67. The US Petroleum Institute reported 4.6 million barrels last week, despite the decline in the main delivery center in Coastal, Oklahoma. Geopolitical concerns at the forefront remained geopolitical concerns about Russia and Iran. US President Donald Trump has pushed Iran to combat the Houthis, taking into account the attacks of the Yemeni -armed group, as direct attacks of Tehran. Meanwhile, Russian President Vladimir Putin Trump’s attempt to discontinue the fire in Ukraine has rejected and agreed instead to reduce energy infrastructure attacks in the country. Monitor the federal federal references will also monitor the Federal Reserve’s decision on interest rates later Wednesday, in addition to the comments of his president, Jerome Powell, on expectations in light of Trump’s increase in his commercial war. The markets have recently seen that the risk is avoided, amid the fear of slowing down in the economy, with a wave of stock sales. Crude oil is still noticeably low from its peak in January, as a group of urgent factors complies with prices. On the offer, “OPEC+” prepares to increase production, while the escalation of commercial differences threatens to descend into the demand for RU, while flowing to China, is still the largest oil importer, weak.