Oil prices varied on Tuesday, amid hopes of a rapid recovery in fuel demand, with the easing of isolation measures to contain the Corona virus worldwide, but the gains were hampered by the possibility of excess supply remaining in Market.

Brent futures for global benchmark Brent crude fell to $ 40.79 a barrel. The contract fell $ 1.50 yesterday, Monday, after recording gains over seven sessions.

The US West Texas Intermediate rose 0.8%, the equivalent of 31 cents, to 38.50 dollars a barrel, after falling 1.36 dollars yesterday.

Goldman Sachs raised its forecast for the price of oil in 2020 and currently expects Brent to record $ 40.40 a barrel and that West Texas Intermediate US crude will reach $ 36, but he warned that prices may fall In the coming weeks due to the lack of demand and increasing stocks.

The gains came today with the start of New York, the US city most affected by the outbreak of the Corona virus, has resumed economic activities after stopping for about three months, which may stimulate the demand for fuel. .