Are We About to See Another Oil Price Rally?
5 Articles
5 Articles
Iranian oil returns to the market faster than expected Oil prices fell by more than 1% on Thursday and reached their lowest level since the first trading day after the war with Iran began. This was reported by RBC-Ukraine with reference to Reuters. The price of Brent crude oil fell by $1.02 (1.28%) to $78.53 per barrel. US WTI oil fell by $1.48 (1.93%) to $75.31 per barrel. Brent fell to its lowest level since March 2, the first trading day afte…
Photo: dailypioneer.com Oil prices fell nearly 3% on Monday, hitting their lowest level since the Iran-Iran war. The market reaction followed a temporary deal between the United States and Iran that aims to end the military conflict, open the Strait of Hormuz and ease sanctions on Tehran. Brent crude fell $1.53, or 1.9%, to $78.02 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) fell $2.22, or 2.9%, to $74.57 a barrel. Market analysts sa…
Oil works in decline on Thursday (18), reaching the lowest level since the first day of negotiations after the start of the Middle East War. The fall in prices happens with the advance of the interim agreement between the US and Iran to end the conflict, reopening the Strait of Ormuz and easing sanctions against Tehran improved the prospects of global supply. Around 11:00, Brent oil fell 3%, to $77 the barrel. At the same time, the WTI, referenc…
Brent and WTI recorded their lowest levels since March thanks to the agreement that will allow free transit through the Strait of Ormuz
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