Oil prices still earn from the support of US stocks

Oil prices rose for the second consecutive day, after the decline in US equities more signs of economic weakness in China, the largest importer of RU. The West Texas Raw was traded over $ 74 a barrel after finishing the session by 0.8% on Thursday, while Brent ruol was closed near $ 77. Raw -shares in the Kusheng Center, Oklahoma, have dropped to their lowest level since 2014, while the inflation of the consumer in China is more than zero. The third weekly profit is scheduled to achieve third weekly oil prices, with the support of cold weather increasing the demand for fuel heating, and refineries can disrupt the United States. The approaching return of President -Skend Donald Trump to the White House also increases the risks that threaten Iranian supplies, creating a state of tension over a possible trade war that could affect energy demand. Trump is expected to authorize new drilling on federal countries as part of a series of executive assignments in the early hours of his inauguration on January 20. The elected president also promised to set up customs on all Canadian imports, including crude oil. The export of Russian oil has recently dropped by the lowest levels since August 2023. This has led Indian refineries to buy from the Middle East, after not obtaining the quantities of Russian rough it sought, according to traders.