Today, Thursday, prices for oil have slightly risen after the decline during the last four trading sessions. This occurred against the backdrop of possible weakening of American supplies of Canadian oil. Experts also assert that the current improvement in the macroeconomic situation in the world contributes to the stabilization of prices for black gold.
During yesterday's trading, the price of Brent crude oil increased by a few cents, reaching a mark of 40 dollars per barrel. Optimism in the market is also fueled by expectations of soon-to-be-introduced additional support measures in the financial system, which could positively reflect on the demand for energy resources.
It is worth noting that as a result of long negotiations, OPEC+ made a decision to reduce oil production volumes to support stable prices. This was stated by the Minister of Energy of Saudi Arabia, expressing confidence that the agreement will have a significant impact on the global oil market.
