[size=30]Oil prices continue to rise after the "Black Monday" [/size]
Oil prices continue to rise, today, Wednesday, for the second consecutive session, after a sharp drop recorded on Monday in the wake of the failure of "OPEC +" to reach an agreement on production cuts.
By 05:13 Moscow time, the Brent mix rose 4.03% to 38.72 dollars a barrel, while the American West Texas Intermediate rose 3.26% to 35.48 dollars a barrel.
The two raw materials fell at the beginning of this week on the day described as "black Monday" by about 30%, against the backdrop of the failure of the "OPEC +" countries to reach an agreement, and the issuance of news about price discounts offered by Saudi Arabia to its customers in Asia and their intention to increase production.
Black gold prices received during the day's trading support from a report that stated that the oil companies in the United States are ready to reduce their activities in light of the drop in oil prices.