The Oil rises after Kuwait made a cut in her oil production, according to the agreement signed by OPEC.
The WTI oil rising by 0.6% to $ 54 a barrel.
The Brent oil rising by 0.6% to $ 57 a barrel.

WTI crude oil closed yesterday at a price of 53.9 USdollars per barrel, an increase of 1.7%,
since the beginning of December the crude oil prices jumped by nearly 9% and more than 45% since the beginning of 2016.

The price of the oil closed with a decrease of 1.5% to the price of 52.5 US dollars per barrel.
The decline came at the background publication that store crude oil rose by 1.5 million barrels, while the expectation was of a drop of 2.5 million barrels.
The change in inventories is having an impact on oil prices in the short term when it points to the momentum of the US supply and demand of the black liquid.

The Brent oil rises at this time by 0.4% to a price level of 55.6 US dollar per barrel.
The WTI oil is rising by 0.5% to a price level of 53.4 US dollar per barrel.

The oil prices rise today in light of the cessation of oil supplies from Libya.
The WTI oil is rising by 0.6% to 52.2 US dollar per barrel and the Brent oil rising by 0.4% to 55.4 US dollar per barrel.