صحافة بلادي صحيفة إلكترونية مغاربية متجددة على مدار الساعة تعنى بشؤون المغرب الجزائر ليبيا موريتانيا تونس
Oil prices recorded an increase today, Wednesday, after reaching their levels in the past five weeks during yesterday’s session, amid fears of supply disruption due to tensions between the American and Indian parties regarding Russian oil purchases.
Brent crude recorded an increase of 0.7%, or a price of 48 cents, to reach $68.12 per barrel by 06:45 GMT, after a series of consecutive losses.
As for West Texas Intermediate crude, it is still under pressure, as it fell by more than a dollar in trading on Tuesday, its lowest level in five weeks.
These moves came after American threats to impose customs duties on India because of its continued acquisition of Russian crude, which may change a lot in the paths of the flow of supplies globally if the United States implements these threats.
It is noteworthy that the markets will know the impact after OPEC+ decided to increase its production by about 547 thousand barrels per day in September, ending the cuts it had previously adopted to support prices, knowing that the alliance produces about half of the global oil supply.
At the same time, preliminary data on US oil inventories boosted market optimism, as a result of numbers indicating a larger-than-expected decline in inventories over the past week, indicating improved demand, awaiting the release of official figures from the US Energy Information Administration later today.
