Oil prices are almost non-change Friday (July 23th) and Brent's oil closed this week's trading session with a rise after a severe downfall July 19th, expected the supply will continue this year.



After Friday's trade session, Brent's raw oil increased by 31 cents (or 0.4 %) up to 74.10 USD / Barrel. WTI oil contract plus 16 cents (or 0.2 %) to 72.07 USD / Barrel.
The WTI oil contract has closed this week's trading session almost no change after dropping last week. Brent's raw oil contract has increased by 0.4 % this week.
Both contracts have fallen by 7 % July 19 with investors expecting the need to remain strong and supported market with the drop of oil and increase of vaccination rates.
The demand is expected to exceed the supply after the 18th of July agreement between the oil export (OPEC) and its friends association known as OPEC+ will increase 400,000 barals / day from August.
ANZ Research researchers say in a report that markets are starting to feel 400,000 barrels per day will not be enough to keep markets balanced and stocks in the United States, including in economic and developmental organizations (OECD) will continue to fall.
US oil stocks rose to 2.1 million barriers last week, but the oil stock center in Cushing, Oklahoma has fallen to the lowest level since January 2020