Oil prices varied during Thursday's trading, on the impact of the anticipation of the repercussions of the decisions to withdraw from the strategic crude stockpile, as the benchmark Brent crude recorded a marginal rise, while the US NYMEX crude contracts stabilized .
The benchmark Brent crude for January delivery rose slightly by 0.3%, equivalent to 21 cents, at the level of $82.46 a barrel, while the US Nymex crude contract for January delivery settled at the level of 78.45 dollars per barrel.
Jake Libby, analyst at Fitch Ratings, said in a note quoted by Reuters: "The decision of some countries to withdraw from their strategic stockpile may end as a short-term victory on the political front, but it It is not expected to have a lasting effect on raw fundamentals.
The attention is currently directed towards (OPEC +) and its next steps, after the decision of some countries to withdraw from the strategic reserve, and a report stated that the meeting table of the group and its allies may witness four Meetings next week.
However, sources confirmed to Reuters that (OPEC +) is not currently discussing stopping the already scheduled oil production increases, even after the decision of the United States and other countries to withdraw from the stockpile. Strategic.
