Oil prices rose during trading today, Tuesday, after falling by about 2% in the settlement of trading yesterday, while following up on developments in the supply of crude in the United States, and before the start of the meeting Federal Reserve later today.
The failure to fully resume oil production in the US Gulf of Mexico continues to support prices.
Despite the slowdown in China's economic growth and uncertainty about the Federal Reserve starting to reduce its asset purchases, the ANZ Research said in a note cited by Reuters, There are other developments that indicate a rise in the price of crude.
In today's trading, Brent crude futures for November delivery rose by 0.9% to $74.55 a barrel.
The US NYMEX crude contracts for November delivery also increased by 0.9% at the level of $70.90 a barrel.
