$63.74 per barrel… Oil prices stabilized amid fears of increased supply

Stabilized Oil prices, today, with investors evaluating the possibility of ending the US government shutdown soon, amid concerns about increased supply.

Brent crude futures rose by (11) cents, or (0.17%), to reach (63.74) dollars per barrel.

The price of US West Texas Intermediate crude oil increased by (0.22%), equivalent to (13) cents, recording ($59.88) per barrel.

West Texas Intermediate Crude

Already rose settled on Friday, amid optimism about the meeting of US President Donald Trump and Hungarian Prime Minister Viktor Orban, which may contribute to facilitating the use of Hungary .

and (0.39%) rose to ($63.63) per barrel, while West Texas Intermediate crude rose (0.54%) to ($59.75).

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