Crude prices are recording rises with the opening of the European markets for today’s session, Tuesday, September 21st (September), to compensate for more than 80% of its losses recorded in the opening session of the week yesterday, Monday, which exceeded 2%, as Brent crude regains levels of 75 dollars per barrel and is trading at an increase of about 1.55% At levels of $75.03 a barrel, after testing levels of $73.93 yesterday, Monday, while US crude (NYMEX) is rising by about 1.75% and trading at levels of $71.54 a barrel, after closing the opening session of the week yesterday at levels of $70.29 a barrel.

Crude has benefited since the beginning of the session today, Tuesday, from the stability of the US dollar and its recording of some declines, other than the highs it recorded in the opening session.

On the other hand, the continued disruption of part of the American production of crude in the Gulf of Mexico due to the damage of Storm Ida and Nicholas also supports the rise in crude prices, as the Gulf region contributes to 16% of American oil production, or the equivalent of 1.8 million barrels per day.

During today’s session, the markets are awaiting the report of the American Petroleum Institute in the preliminary reading of stocks, before the official reading from the US Energy Information Administration tomorrow, Wednesday.