After the collapse ... U.S. oil barrel rises 30 percent

The barrel of U.S. West Texas oil increased its profits on Wednesday after publishing data that showed an increase in U.S. inventories with the possibility of easing the isolation measures that give rise to hopes for a revival of oil demand.

At approximately 14:55 GMT, the West Texas barrel for June delivery gained 32.09 percent compared with the closure on Tuesday to reach $ 16.69.

The price of a barrel of Brent North Sea oil for June delivery at the same time reached $ 23.21 in London, an increase of 13.44 percent.

The American oil received a painful blow 9 days ago after the price of a barrel fell to $ 37 below zero, meaning that producers had to pay out of their pockets in order to find whoever would rid them of the "black gold" that had become depressed, and buyers had left it.


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