{"id":4468,"date":"2022-06-02T14:32:20","date_gmt":"2022-06-02T14:32:20","guid":{"rendered":"https:\/\/fayezalajmi-4x.com\/?p=4468"},"modified":"2022-06-02T14:32:20","modified_gmt":"2022-06-02T14:32:20","slug":"crude-erases-its-losses-and-records-gains-before-the-announcement-of-official-stocks-and-the-opec-meeting","status":"publish","type":"post","link":"https:\/\/fayezalajmi-4x.com\/en\/crude-erases-its-losses-and-records-gains-before-the-announcement-of-official-stocks-and-the-opec-meeting\/","title":{"rendered":"Crude erases its losses and records gains before the announcement of official stocks and the OPEC meeting"},"content":{"rendered":"<p><\/p>\n<div class=\"ccvoYb EjH7wc\">\n<div class=\"AxqVh\">\n<div class=\"OPPzxe\">\n<div class=\"dePhmb\" aria-live=\"polite\">\n<div class=\"eyKpYb\" data-language=\"en\" data-original-language=\"ar\" data-result-index=\"0\">\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\"><span class=\"Q4iAWc\">\u00a0Crude prices returned to rise in the middle of the session today, Thursday, the second of June, with the opening of the American markets, after it was trading in the red color, and losing more than 2%, after news that the Organization of the Petroleum Exporting Countries and independent allies outside the organization agreed to increase crude production in July and August. <\/span><\/span><\/span><\/div>\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\"><span class=\"Q4iAWc\">At these moments, the OPEC + periodic meeting for the month of June is taking place to determine the production policy in the coming period, as sources told Reuters moments ago that the members of the organization and allies from outside the organization led by Russia agreed to increase production by 648,000 barrels per day in July and August, compared to 438 thousand barrels in the previous year. Previous .<\/span><\/span><\/span><\/div>\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\"><span class=\"Q4iAWc\"> The markets are awaiting after less than half an hour the US inventories figures from the US Energy Information Administration in the official reading, as it is estimated that the inventories decreased by 1.4 million barrels last week. <\/span><\/span><\/span><\/div>\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\"><span class=\"Q4iAWc\">The report of the American Petroleum Institute, issued on Wednesday, showed a decline in the preliminary reading of US inventories last week, ending on May 27, by 1.2 million.<\/span><\/span><\/span><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\"><span class=\"Q4iAWc\"> In details, gasoline stocks fell by about 256 thousand barrels, while stocks of distillates, which include heating fuel and diesel, rose by about 858,000 barrels. <\/span><\/span><\/span><\/div>\n<div class=\"J0lOec\" style=\"text-align: left;\"><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"ar\" data-phrase-index=\"0\" data-number-of-phrases=\"1\"><span class=\"Q4iAWc\">Brent crude is trading at levels of $116.98 a barrel, an increase of about 0.60%, while American crude (NYMEX) is up by about 0.75%, trading at levels of $116.10 a barrel.<\/span><\/span><\/span><\/div>\n<div class=\"UdTY9 Yb6eTe\" style=\"text-align: left;\" aria-hidden=\"true\" data-location=\"2\">\n<div class=\"kO6q6e\"><\/div>\n<\/div>\n<div class=\"BdDRKe\" style=\"text-align: left;\">\n<div class=\"aJIq1d DSmisd nzsIKe\" data-language-code=\"en\" data-language-name=\"\u0627\u0644\u0625\u0646\u062c\u0644\u064a\u0632\u064a\u0629\" data-text=\"Crude erases its losses and records gains before the announcement of official stocks and the OPEC meeting\nCrude prices returned to rise in the middle of the session today, Thursday, the second of June, with the opening of the American markets, after it was trading in the red color, and losing more than 2%, after news that the Organization of the Petroleum Exporting Countries and independent allies outside the organization agreed to increase crude production in July and August.\nAt these moments, the OPEC + periodic meeting for the month of June is taking place to determine the production policy in the coming period, as sources told Reuters moments ago that the members of the organization and allies from outside the organization led by Russia agreed to increase production by 648,000 barrels per day in July and August, compared to 438 thousand barrels in the previous year. Previous .\nThe markets are awaiting after less than half an hour the US inventories figures from the US Energy Information Administration in the official reading, as it is estimated that the inventories decreased by 1.4 million barrels last week.\nThe report of the American Petroleum Institute, issued on Wednesday, showed a decline in the preliminary reading of US inventories last week, ending on May 27, by 1.2 million. In details, gasoline stocks fell by about 256 thousand barrels, while stocks of distillates, which include heating fuel and diesel, rose by about 858,000 barrels.\nBrent crude is trading at levels of $116.98 a barrel, an increase of about 0.60%, while American crude (NYMEX) is up by about 0.75%, trading at levels of $116.10 a barrel.\" data-crosslingual-hint=\"\" data-location=\"2\" data-enable-toggle-playback-speed=\"true\"><\/p>\n<div data-show-delay-ms=\"250\" data-append-to-body=\"true\" data-propagate-tooltip-mouseover-events=\"true\" data-anchor-corner=\"bottom-left\" data-enable-skip-handler=\"false\" data-popup-corner=\"top-left\">\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"kGmWO\" style=\"text-align: left;\"><\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>\u00a0Crude prices returned to rise in the middle of the session today, Thursday, the second of June, with the opening of the American markets, after it was trading in the red color, and losing more than 2%, after news that the Organization of the Petroleum Exporting Countries and independent allies outside the organization agreed to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-4468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-currency-markets"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u0627\u0644\u062e\u0627\u0645 \u064a\u064f\u0645\u062d\u064a \u062e\u0633\u0627\u0626\u0631\u0647 \u0648\u064a\u0633\u062c\u0644 \u0645\u0643\u0627\u0633\u0628 \u0642\u0628\u0644 \u0625\u0639\u0644\u0627\u0646 \u0627\u0644\u0645\u062e\u0632\u0648\u0646\u0627\u062a \u0627\u0644\u0631\u0633\u0645\u064a\u0629 \u0648\u0625\u062c\u062a\u0645\u0627\u0639 \u0623\u0648\u0628\u0643<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fayezalajmi-4x.com\/en\/crude-erases-its-losses-and-records-gains-before-the-announcement-of-official-stocks-and-the-opec-meeting\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u0627\u0628\u062d\u0627\u062b \u0627\u0644\u0633\u0648\u0642\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" 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