Oil prices were stable on Thursday, after crude stocks in the main US storage hub Cushing fell to their lowest levels since early March, and gasoline stocks fell for the 10th consecutive week. .
US Energy Information Administration data showed US gasoline stocks fell by 812,000 barrels to 218.18 million barrels last week, the longest streak of declines since 2019.
And according to Reuters, UAE Energy Minister Suhail Al Mazrouei said yesterday, Wednesday, during an energy conference in Jordan, that the efforts of OPEC + oil producers to increase production are not encouraging. /p>
Brent crude futures for August delivery settled at $123.60 a barrel, and US crude contracts for July delivery settled at $122.07 a barrel, after rising 2.3% on Wednesday to $122.11 The barrel recorded the highest settlement level since the eighth of last March.
