Oil: The United States does not want to draw on its strategic reserves, Brent is recovering

After a slight pause, the machine starts up again. Oil prices resumed their course on Thursday after an update from the US Department of Energy indicating that the United States was not ready to “immediately” dip into the country’s strategic reserves to cope with the increase the price of black gold. The price of a barrel of North Sea Brent for delivery in December ended up 87 cents or 1.07% from Wednesday’s coast at $ 81.95 in London.

In New York, a barrel of WTI for the month of November also gained 87 cents or 1.12% to 78.30 dollars. However, prices opened sharply lower the day after the announcement of a higher increase than expected US stocks and after statements by Energy Secretary Jennifer Granholm, having been interpreted as a possible use of strategic reserves of the United States to thwart the rise in prices.

But “there is currently no immediate plan to take these measures,” a spokesperson for the Department of Energy told AFP. “All the utensils in the box tools are still under consideration to protect the American people … The Department of Energy continues to monitor the supply of the global energy market and work with partner agencies to determine if and when actions are needed, ”she added.