Figures: Oil prices decline with expectations of an increase in global supply

Retracted Oil prices on Tuesday, by more than 1% with With an increase in global supply during the coming period, which will put pressure on the market and reduce prices.
Futures contracts Brent crude fell by about 1.4%, reaching $62.5 per barrel.
While US West Texas Intermediate crude fell by about 1.5%, recording $58 per barrel, its lowest level since last October.
Analysts pointed out that the continued increase in global production and the slowdown in energy demand raises the state of uncertainty in the market, which reflects current price fluctuations.

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