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Oil price fell after two days of growth
F’Brent oil futures fell to $96.23 per barrel after the two-day price increase.
Prices for naphtha at Friday, September 19, decreased after the high water rise. About Reuters.
Futures for Brent naphtha fell 0.4% to $96.23 a barrel, following a 3.1% increase on Thursday, April 18. American WTI naphtha traded at $90.29 a barrel, down 0.2% after a 2.7% increase in the earlier session.
Recent US data showed optimism about the availability of oil on the floor in the nearest prospects, to fight against a recession and to increase the number of bottles of oil produced by the Organization of National Oil Exporters (OPEC), it is possible to circumvent the potential for increasing prices for naphtha.
Inventories of crude oil in the United States declined sharply, the country exported a record 5 million barrels of oil per day for the rest of this week, and oil companies stumbled with high oil from the side of the European countries, as if to replace naphtha in Russia
Increasing production of hot air in the US can often compensate for the decline in exports of petroleum products from China, because Beijing is giving priority to the local market for streaming domestic inflation.
The new secretary general of the Organization of Ukrainian Oil Exporters Haytham Al-Ghais said that high energy prices are due to wine policy, lawmakers and insufficient investment in the oil and gas sector, and not the other group.
OPEC+ together with such allies, as Russia may start on the 5th of spring, to regulate the supply of bottles. Following the words of Al Gais, OPEC predicted that Russia would be deprived of a partial operation for the production of OPEC + oil after 2022.
Record export of US crude oil , the introduction of vidobutka in Libya and stable exports from Russia and Iran eased the global shortage of supplies ahead of peak service at refineries.