Oil prices slightly go up at auction on Wednesday

Traders sit in judgement on news regarding the Colonial Pipeline Co.

Brent price went up to $68.49 after falling prices the day before

The threat of new coronavirus type in India darkens market expectations.

Brent price went down to $68.17 per barrel

Market pressure is also coming from concerns about the worsening epidemiological situation in other countries, including Japan and Brazil.

Brent went down to $66.39 per barrel

OPEC+ countries have retained the decision to gradually increase production in May-July.

Brent went up to $65.82 per barrel

Since the beginning of this week, Brent has decreased by 1.4%, WTI – 1.9%.

Brent price went down to $65.13

Benchmark crude prices decline amid unexpected growth in US crude stocks.

Oil prices in March-July 2020: record highs

The situation with oil prices has not demonstrated stability over the past 4 months.