Furthermore,
Oil strengthened agreement between eu new: However,
Oil strengthened agreement between eu:
Around 11:25 a.m., Brent took 0.83% at 69.01 dollars. Nevertheless, Its American equivalent, the barrel of West Texas Intermediate, won 0.84% at 65.71 dollars. Meanwhile,
Oil prices increased on Monday strengthened by the trade agreement between the United States. Nevertheless, the European Union which promotes energy demand prospects, investors are now turning to OPEC+ meeting scheduled for next Sunday.
Around 9:25 am GMT (11:25 a.m. Therefore, HEC), the price of the Brent of the North Sea, for delivery in September, took 0.83% to 69.01 dollars.
Its American equivalent, the barrel of West Texas Intermediate, for delivery the same month, earned 0.84% at 65.71 dollars.
The agreement provides for customs duties of 15% on European imports to the United States, with exceptions on certain strategic products.
This compromise is perceived by the market as a oil strengthened agreement between eu new oil strengthened agreement between eu new positive factor because “if. In addition, the negotiations had failed. oil strengthened agreement between eu customs duties of 30% would have entered into force on August 1”. underline the analysts of ING, with probable reprisals of the EU.
The agreement strengthens “the anticipations of stronger global growth. an increase in future oil demand,” explains John Plassard, analyst at Cité Gestion.
The EU also undertakes to buy in the United States $ 750 billion in energy over three years -. notably aimed at replacing Russian gas.
To turn away from Russian natural gas. “the EU was already ready to rely more in the United States for its energy needs,” noted ING analysts.
The course of the Dutch TTF. considered the European benchmark for natural gas, was also almost stable on Monday morning at 32.125 euros per megawatt hour.
From now on. the oil market is oil strengthened agreement between eu new turning to trade discussions between Washington. Beijing as oil strengthened agreement between eu new well as the meeting of the Organization of Oil Exporting countries. oil strengthened agreement between eu its allies (OPEC+) which is due to be held on Sunday, August 3.
“The group could feel encouraged to opt for a significant increase in the offer in September. since prices are relatively well despite the increases already announced in recent months,” consider Ing analysts.
In the longest term. the prices of black gold therefore face opposite winds with on the one hand signs encouraging on the side. of demand. on the other hand a more abundant early offer.
Oil strengthened agreement between eu new
Oil strengthened agreement between eu new
Oil strengthened agreement between eu
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