Crude prices are recording rises with the opening of the European markets for today’s session, Wednesday, the 28th of July (July), where Brent crude rises by about 0.48% and is trading at levels of 74.84 dollars a barrel, while the American crude (NYMEX) is trading at levels of 71.95 dollars a barrel, an increase of about 0.42%, amid anticipation In the markets during the American session today, Wednesday, the report of the US Energy Information Administration regarding US stocks for the past week.
The data of the American Petroleum Institute released on Tuesday in the preliminary reading of stocks showed a decline in US crude stocks by 4.7 million barrels in the last week ending on July 23, and in details, gasoline stocks fell by 6.2 million barrels, while distillate stocks decreased, which include heating and diesel fuels. About 1.9 million barrels.