Oil prices are rising after a decrease in Trump's criticism of the 'federal' president

Oil prices rose steadily after seeing a sharp fall on Monday, influenced by a wave of risk -inability in the markets against the background of the escalation of President Donald Trump’s criticism of federal reserve chairman Jerome Powell. Brent raised risen to circulate near $ 67 a barrel after dropping 2.5% in the previous session, which is the biggest loss in more than a week. As for the intermediate “West Texas” RAW, it traded below the $ 64 per barrel level. Trump warned about the possibility of delaying the US economy unless the Federal Reserve has taken a step to lower interest rates, in his latest attack on Powell. These developments come at a time when news is raised that the president is considering firing the head of the Federal Reserve, which on Monday asked investors to sell shares, bonds and US dollars. Oil prices were put under pressure within this chaos to continue with a monthly decline that was also influenced by the increase in trade tensions between the United States and the most important trading partners. The return of oil production stopped by the “OPEC+” coalition this month has strengthened the fear of the supply, which increased the pressure on oil prices. In this context, parts of the ‘Brent’ crude recently slipped into the so -called ”, a pattern that indicates a falling trend of prices, and reflects an abundance of supplies.