Oil maintains its profits with the decline in US stocks
The oil retained its profits after US President Donald Trump confirmed that his campaign to maximize Iranian oil exports would continue, at a time when a government report showed a new decline in US crude shares. Brent -Ruolie traded nearly $ 68 a barrel after finishing 0.8%on Wednesday’s trading, while the West Texas West was settled nearly $ 65. Trump said he would not abandon the strategy aimed at depriving the oil revenue after his previous comments undermined the campaign. said that the conflict “was actually terminated” after a US bombing aimed at Iranian nuclear facilities. China wants to buy oil. It could buy it from us or others. “Reduced US stocks in a separate context, the US government data showed that crude oil shares for the fifth consecutive week fell by 5.84 million barrels to reach the lowest seasonal level in 11 years. Stock in the main storage center in coastal, Oklahoma, for the third week. Market concentration is now expected to change in the next “OPEC+” meeting, which will determine the production policy for August.