Oil prices settled and the eye is on the detention of India and Russia before fees

Oil prices stabilized while the market evaluated the expectations of Russian oil flow to India, after an official in the Trump administration strengthened his criticism of this trade before an expected increase in customs duties. West -texas -Inintermediate rough price approached $ 63 a barrel and recorded modest weekly profits, while Brent ruol closed below $ 68 a barrel. The criticism of India and the escalation of the fees, White House trader, Peter Navarro, said that India “does not want to admit that he wants to admit his role in bloodshed,” added that US customs duties are expected to double on the import of India, as is scheduled on August 27. President Donald Trump has threatened to increase the fees on the import of Russians in the United States. However, South Asia’s oil refineries have returned to a temporary stop for a short time, while a Russian official expects the flow to continue. Also read: The Indian government refineries are back to buy Russian oil after a short stop earlier this week, Navarro said that the sharp increase in Russian oil input has come into Ukraine since the outbreak of war due to “the efforts of large oil companies in India with influential to achieve profits” and do not meet local needs. OPEC+production pressure and Trump policy are still low, with OPEC+and Trump’s commercial policies increasing that cause concerns about the decline in demand. The price of Western Texas -Intermediate Ru -roughly stabilized about $ 63.48 a barrel at 07:45 o’clock Singapore time. While Brent ruol closed October level, it rose 1.2% on Thursday at $ 67.67 a barrel.