Price oil shrinks sharply

The oil price fell by more than 2% on Tuesday after five days of increase.

The major suppliers do not limit their outflow, unlike agreements of the oil cartel of nations collected in OPEC.

Furthermore, a report from the US oil and gas regulator reported that oil production in the US increased by 59,000 barrels a day in May.

The number of US oil drilling units in operation has reached the highest level since April 2015.