Oil prices moved to moderate growth

On Tuesday, oil prices increased moderately in anticipation of data on oil reserves in the US. By 14:25 Moscow time, the price of September futures for Brent crude rose by 3 cents to 73 dollars 9 cents per barrel. September futures for WTI oil went up by 37 cents to 68 dollars 26 cents per barrel. Against the backdrop of fears about trade conflicts between the US and China and an increase in supply from the OPEC and US countries, oil prices since early July have fallen by 8%. It is reported that Saudi Arabia will closely monitor the balance of supply and demand in the market and refrain from raising production to the level of maximum capacity utilization.

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