Money and business

Oil compensates its losses with the decrease in American stocks and high demand


Oil prices rose slightly, today, Thursday, continuing their gains from the previous day, driven by a significant decrease in stocks Raw American and strong demand, while investors have been cautious about the ceasefire between Iran and Israel and stability in the Middle East." target ="_Blank"> Brent 53 cents (0.8%), to reach $ 68.21 a barrel by 06:30 GMT, and West Texas Intermediate Gain gain 56 cents (0.9%), to reach $ 65.48 a barrel. The beginning of the week, after the data showed the resilience of demand in the United States." target ="_Blank"> Gasoline contrary to expectations by 2.1 million barrels, while supplies, which are an indication of demand, have increased to the highest levels since December 2021.

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