In the oil market, global prices are showing a decline after the publication of data on the growth of inventories in the United States. According to the Energy Information Administration, inventories increased by 4.2 million barrels for the week, which exceeded the expectations of analysts. This factor puts pressure on oil quotations, despite the despite concerns about geopolitical tensions in the Middle East. An additional impact on the market is the growth of production in the U.S., which compensates for a possible reduction in supplies from OPEC+. At the same time traders expect new signals from the Federal Reserve, as the regulator's policy may affect the demand for energy resources. In case of quotations decline below $70, a significant support may be found by the market near the level of $70. can be found by the market in the area of $68.