Oil prices are rising amid indicators on a strong demand

Oil prices have recorded a slight increase after a two -day decline, with traders of the wound of US stocks, and their evaluation of indicators of the strength of the market in the short term. Brent -ruol rose to $ 69 a barrel, while the mediator ears of West Texas approach $ 67. The immediate market structure still indicates a scarcity of supplies, as the difference between the two nearest decades of “Brent” above 90 cents reflects a barrel in a state known as “”, which reflects the willingness of traders to pay a bonus for the immediate offer. Meanwhile, an US industrial estimate has shown a slight increase in crude shares, while official data is expected to be released later Wednesday. Traders focus on changes of the distillation products, which include diesel, after recently reaching its lowest level since 2005. Despite the concerns in the markets due to US President Donald Trump’s attempt to reform the global trading system, and the high production of “OPEC+”, in July, after the rise in May and June. ‘Goldman Sachs’ increased her expectations for the price of ‘Brent’ for the second half of the year this week, but she held a careful view of the year 2026 in the short term. Production. He added: “That’s why we believe the stock will push the prices and keep a roof on Brent higher than the $ 70 level.” Despite the accumulation of global stocks in recent months, Morgan Stanley indicates that most of these increases in markets have occurred with a limited impact on term prices. “The Brent Future curve still clearly indicates a decrease over the four months to the first six, a pattern that usually reflects a scarcity of the market,” said analysts at the bank, including Martin Rats. They pointed out that “the increase in the stock in the Pacific region is concentrated, while Brent -Ru is confused in the Atlantic Ocean.”