Oil prices fell on Monday, after he led an increasing number of oil rigs in the United States and the continued high supply of “OPEC” countries to put pressure on the already saturated market already.

And it landed ore “Brent” benchmark rates at a time (06:55 GMT) increased by 29 cents or 0.56% to $ 51.47 a barrel, while the price fell US crude West Texas Intermediate by 39 cents or 0.80% to $ 48.39 a barrel.

Traders said prices are under pressure due to the high number of oil rigs in the United States and the continued high supply of “OPEC” in spite of its pledge to cooperate with the independent producers to cut production by about 1.8 million barrels per day.