Oil prices stabilized during trading on Thursday, after the White House called on the Organization of Petroleum Exporting Countries (OPEC +) to implement more production increases, and with a follow-up to the latest developments in the Delta strain.

“I want to make sure that nothing stands in the way of lower oil prices, and the consequent lower prices for consumers,” US President Joe Biden said on Wednesday. .

OPEC + agreed last July to increase production by 400,000 barrels per day on a monthly basis, starting in August.

In terms of trading today, the futures contracts for the benchmark Brent crude for October delivery settled at the level of $71.44 a barrel.

The US NYMEX crude contracts for September delivery were also stable today, recording $69.24 a barrel.