At the London market, the price of the barrel after noon was almost the same as at the end of trading last week and amounted to 67.64 dollars. There was no significant changes in the American market, where the barrel was traded at a price of $ 65.39.
Fearing from the supply disorder due to the Israeli-Iranian war, it mitigated a reception in the middle of last week, so the trademarks were re-directed to offer and demand.
Information on American stocks showed a sudden drop in stocks and increased processing in refineries at the beginning of the summer travel season, and the investors also encouraged the wave of Chinese purchase of Iranian oil.
Leading manufacturers in the organization of oil exports (OPEC) are prepared to increase supply and in August, for an additional 411 thousand barrels per day, four sources for Reuters last Friday.
The OPEC + has already increased the supply for 411 thousand barrels per day in May and June, and has already announced that it plans to continue at this pace and in July. The Group will consider its production policy on a regular meeting scheduled for the next Monday.
(Vijesti.ba)
