Crude prices continue to record highs during the trading session today, Wednesday, the third of February (February), with the opening of European markets and trading at its highest levels since January of last year, supported by the decline in US crude stocks, according to estimates by the American Petroleum Institute issued on Tuesday, amid anticipation for the official data to be issued. In the American session today, Wednesday, from the US Energy Information Administration, in addition to the start of the meeting of the Ministerial Committee of OPEC and the independent allies. The American Petroleum Institute report showed an unexpected decline in stocks by 4.3 million barrels last week ending on January 29, as gasoline stocks decreased by 240,000 barrels, while distillate stocks, which include heating fuels and diesel, decreased by about 1.6 million barrels. In a related development, the OPEC + ministerial meeting is expected to begin today, Wednesday, to discuss developments in the crude markets, the extent of the organization’s members and independent allies ’compliance with the production cut agreement and the organization’s expectations for oil demand. Expectations indicate that the committee is not expected to recommend any amendments to the oil production policy. A document seen by Reuters on Tuesday showed that OPEC + expects to keep production cuts in deficit throughout this year, reaching a peak in May at two million barrels. While the document expected that global demand for oil would reach 97.9 million barrels per day in December. On the other hand, crude prices receive support from rising expectations that the US Congress will start adopting the $ 1.8 trillion economic stimulus package for US President Biden as the US House of Representatives, led by Democrats, prepares to take the first step. Brent crude is trading at 57.95 dollars a barrel, with European markets opening today’s session, up by 0.85 percent, after recording gains of about 2 percent at the close of the session on Tuesday at 54.76 dollars a barrel. In contrast, US crude (NYMEX) is trading at $ 55.18 a barrel An increase of about 0.77 per cent, after the gains of about 2.3 per cent recorded by US crude at the close of the session yesterday, Tuesday, at levels of 54.76 dollars a barrel.