Oil prices rose more than 1% on Monday after reports that Saudi Arabia announced plans to cut oil supplies for December.
Where oil prices continued to decline strongly during the month of October, losing about 20 percent of its value, just before the US mid-term renewal with the US president’s insistence on pressure on the producer country to increase production and on the other hand to allow eight countries to continue to supply oil in limited quantities of crude for six months Others are at least Iranian despite their egos
An Opec committee and its allies warned over the weekend that they may need “new strategies”, raising the possibility of a wider reduction in 2019.
Remarks and energy bills raise pressure on oil prices
Baker Hughes Report
On the other hand, the Baker Hughes report showed an increase in the number of platforms operating in the United States and Canada, where the number of oil rigs in the United States rose by 12 to 886 in the week ending November 9 compared to the previous week, according to the size of the weekly ship Baker Hughes on Friday.