Oil prices decline with the rise in gasoline inventories in America


Oil prices fell today, Thursday, after recording gains during the past two days, after official data showed a significant increase in gasoline stocks in the United States, which raised concerns about demand at a time of increasing supplies around the world.
And the US Energy Department announced on Wednesday that while crude stocks in the United States fell by more than analysts had expected, gasoline inventories jumped sharply.This comes as investors continue to evaluate plans for the “OPEC Plus” alliance to gradually increase production, amid expectations of a significant rise in oil demand in the coming months with an increase in the pace of vaccinations.


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