global oil prices rose during trading today, Wednesday, amid fears of a decline in demand for crude coinciding with the rise in Corona injuries in Europe, and in anticipation of the release of US stockpile data.
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and (ANZ) warned in a research note that while demand for crude is rising in the United States and India, it is still weak in Europe. That the consumption of road fuel in France, for example, decreased by 10.8% in February, according to Reuters.
In terms of trading, Brent crude futures for May delivery rose, at the beginning of today's session, by 0.5% to $ 68.72 a barrel.
also rose this morning, US Nymex crude for April delivery 0.6% at $ 65.16 a barrel.
The estimates of the American Petroleum Institute on Tuesday revealed that oil inventories in the United States decreased by 926 thousand barrels per day during the past week.
The US Energy Information Administration is due to release official stockpile data later today.
