15 October, 2021
Throughout most of the European trading day, the price of crude oil has been unchanged since this morning. The International Energy Agency yesterday raised its forecast for oil demand next year by 210,000 barrels per day, to a total of 99.6 million. The energy crisis is intensifying, and the Saudis say that they won't be raising the production levels any further. Furthermore, the official government report showed yesterday afternoon that the stocks of crude oil in the USA have increased by 6.09 million barrels, but also that the stocks of gasoline dropped slightly more than expected. At around 02:00 pm. crude oil was trading at $ 82,11 a barrel, which represents an increase of 0,48%.