Oil term contracts are increasing for a fourth consecutive session on improving feeling after the United States and China have agreed to reduce prices for 90 days to grant time for commercial talks, which relieved concerns about the loss of demand at a time when OPEC + increases production.
Prices have obtained an additional elevator from a budget proposal from the Republican Chamber to assign $ 1.3 billion to buy oil for the American strategic oil reserve, and the call of President Trump on Iran to reach a nuclear agreement or to face maximum pressure, said Robert Yawger of Mizuho in a note.
The American inventory report of tomorrow is in sight, the EIA should point out a decrease of 1.8 million barrels in raw shares, according to a Wall Street Journal survey of analysts.
