Oil is still rising, backed by the weak dollar

The price of oil continued its growth yesterday, continuing its growth from the previous day, backed by the weakness of the US dollar and the comments from Saudi Arabia that we will soon see a market with a lower supply than the end of the agreement between OPEC and Russia.
Oil prices have been under severe pressure in recent weeks as a result of speculation that the agreement between OPEC and Russia will be phased out before the end of 2018.
US crude oil rose 42 cents, or 0.7 per cent, adding 2.4 per cent to its previous session.
Brent rose 28 cents, or 0.4 percent, continuing its 2.6 percent growth on Wednesday.
Aid to the rise in the price of oil was also the weak US dollar against other leading raw materials.
Traditionally, the weakness of green money supports the consumption of dollar-denominated commodities, making them relatively less expensive in other currencies.