Oil prices rose marginally during trading on Wednesday, as investors followed the latest developments in the crude market in light of the uncertainty as a result of the (OPEC +) failure to reach an agreement on production levels starting next month.
According to Bloomberg, Wayne Gordon, strategist at UBS Wealth Management, believes that the comments of the leading members of (OPEC) indicate that they are likely to They reach an agreement, as JPMorgan Chase expects, and the alliance agrees to increase production by 400,000 barrels per day until the end of 2021.
While (Goldman Sachs) warned that the failure of the (OPEC +) talks to reach an agreement on production levels starting next month is causing uncertainty about the path of production. In-group production.
In today's trading, Brent crude futures for September delivery rose 0.1% to $74.62 a barrel.
The US NYMEX crude for August delivery also rose 0.2% at $73.54 a barrel.
