Oil quotations continued to decline on Thursday after dropping nearly 2%.
The decision of OPEC+ to keep the previously adopted plan to increase oil production was a positive factor for the market in recent days.
The OPEC+ countries considered several scenarios for increasing oil production.
Experts are trying to determine the cause of the leak in Orange County.
Commercial oil stocks in the United States increased by 4.58 million barrels last week.
The price of Brent oil broke the $80 per barrel mark for the first time since October 2018.
At the same time, WTI futures have been at their maximum since August 2.
Prices continue to rise after a report released on the decline in US oil stocks to their lowest level since 2018.
The recovery in US production in the Gulf of Mexico is slower than predicted.
In December 2018, the country decided to leave the organization.
Oil quotations are growing again after falling by almost 1% during the previous session.
The factors that supported oil prices last week are fading away.