Oil prices continue to rise for the fifth consecutive day. This trend is linked to the reduction of crude oil inventories in the USA and the positive sentiment in global markets. The price of West Texas Intermediate crude oil has reached $82 per barrel, marking the longest series of increases since March.
Investor attention is focused on critical data from the USA and China: their analysis will help assess the state of the global economy and predictions for energy demand. It is especially anticipated that information regarding the growth of the US economy and the level of production in China will influence the dynamics of oil prices.
