After being subjected to strong selling pressures at the opening session of the week yesterday, Monday, crud regains part of its losses in the middle of trading today, Tuesday, January 25th, and before the opening of the American markets, as US crude (NYMEX) rises by about 0.80%, trading at levels of $83.97 a barrel, while Brent crude is trading at levels of 87.14 Dollars per barrel, up by about 1%, amid anticipation in the markets for the statement of the American Petroleum Institute, which will announce the preliminary reading of stocks today, Tuesday, before the official reading from the US Energy Information Administration tomorrow, Wednesday.

Rising fears in the markets about the acceleration of geopolitical tensions between the Ukrainian and Russian side raised oil concerns about a possible disruption of supplies, which put pressure on crude prices on Monday, recording the largest daily loss this year, coinciding with the fall of US stocks during the session.

Meanwhile, data issued by the Indian government showed on Tuesday that India’s imports of crude oil rose to the highest level in a year in December by 7.1% to 19.65 million tons.