Oil prices hit $ 85 / Unexpected decline in US oil reserves caused an increase

According to the International Economic Group of Fars News Agency, quoted by Reuters, with the unexpected reduction of US crude oil reserves and reaching the level of large reserves,Most The country’s stockpile rose to its lowest level in three years, with oil prices falling today offsetting morning offsets.

Brent crude traded up 10 cents at $ 85.18 a barrel. This type of oil fluctuates around the highest figure in recent years.

US crude traded up 26 cents at $ 83.22 a barrel.

The market calmed down and prices fell after the Chinese government began trying to curb high coal prices and ensured that coal mines operated at full capacity to address electricity shortages.

Oil prices with rising oil and coal prices around the world with the possibility of changing the fuel to generate electricity from gas and Coal The rock had risen to the oil.

Another factor in the rise in oil prices is the small supply from OPEC plus Has also been.

But the U.S. Energy Information Administration said U.S. crude stockpiles had fallen 431,000 barrels in most of the past week, while those reserves were expected to increase. Gasoline inventories also fell by more than 5 million barrels. The announcement pushed up oil prices.

The oil market has also strengthened due to a shortage of coal and gas.

Saudi Arabia’s energy minister has said that switching consumers from gas to oil could increase demand by 500,000 to 600,000 barrels a day, depending on the winter and the price of other energy sources.

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