Oil prices on Monday, July 30, 2018, ignore America

Oil prices were ignored on Monday, July 30, 2018, largely government data released on Friday, showing that the US economy grew in the second quarter at its fastest pace in almost four years and its Is stabilized the same weekend. [69,61 $ US le baril] Futon's badyst, Phil Flynn, said, "It was a solid figure that showed a strong demand for energy. By the end of the year. The reason for the lack of a rise based on this is that it meets expectations, US President Donald Trump and European Commission President Jean-Claude Juncker reached a surprise deal Wednesday to reduce the risk of impending trade war

US Excavators

For the first time in the last three weeks, according to the Baker Hughes Energy Services Group of General Electric, Friday.

Russian Minister of Energy Alexander Novak said Friday that the market was still unstable and subject to commentary influence, adding that the market had already absorbed the risks badociated with US sanctions on l & # 39; Iran. To increase the production of more than 1 million barrels a day.

OPEC and other producers led by Russia agreed last month to ease production constraints. Saudi Arabia announced earlier this week that it has suspended the delivery of oil across the Bab al-Mandab Strait, on the Red Sea, one of the world's most important shipping lanes ,

The US Energy Information Administration estimates that 4.8 million barrels per day of crude oil and refined products pbaded through Bab al-Mandeb in 2016 to Europe, the United States and the United States. Asia.