Consequently,
Price oil returns field:
Around 11:20 am, Brent gained 1.11% at 66.52 dollars. In addition, Its American equivalent, the barrel of West Texas Intermediate, of which it is the last day of rating, took 1.33% at 63.18 dollars. Similarly,
The oil prices erased part of their losses from the previous day on Wednesday. Therefore, investors with caution with caution any diplomatic progress towards peace in Ukraine. Meanwhile, Black gold courses were also supported by a drop in American reserves.
US President Donald Trump said he was ready on Tuesday that the United States provides air military support as a security guarantee in kyiv in the event of a peace agreement. excluding soldiers on the ground, a mission devoted to European allies. A appeasement of this conflict launched in 2022 with the invasion of Ukraine by Russia – whose respective heads. of state could soon meet – price oil returns field could result in a relaxation of sanctions in the Russian petroleum sector.
The American president. however, threatened Russia with “very serious consequences” if it did not accept to end the war, and to impose “secondary” customs duties on Indian imports in retaliatory Russian oil purchases by New Delhi. “Traders oscillate between the risk of sanctions (additional on Russian oil editor’s note). murmurs of peace”, without daring to “bet big on any option”, remarks Stephen Innes, analyst at SPI AM.
Around 11:20 am, the price of the barrel of Brent from the North Sea, for delivery in October, won 1.11% at 66.52 dollars. Its American equivalent. the barrel of West Texas Intermediate, for delivery in September, of which it was the last day of rating, took 1.33% to 63.18 dollars.
In parallel. the Federation of American professionals in the sector, the American Petroleum Institute (API), estimated Tuesday evening that crude stocks price oil returns field had dropped by around 2.4 million barrels last week, and those of petrol of a million barrels. An even greater decline than that expected by the market consensus. which was tapped on 800,000 barrels of crude and 100,000 of less petrol, specify the experts of DNB.
“A possible explanation lies” in the floods that affected the production of “Whiting refinery. in Indiana, with a capacity of 440,000 barrels per day,” said Tamas Varga, analyst at PVM. A tighter offer has mechanically tend to support prices, although investors expect the oil market to be over -dressed.
Expected Wednesday. figures on stocks relayed by the American Energy Information Agency (EIA) for the week completed on August 15, are however more reliable.
Price oil returns field
Further reading: Taxes: A reimbursement of the taxman arrives on July 25 for some French: news – This sandwich sold in service stations and stations should not be consumed – Equifax report: young people aged 36 and under collect payment delays – Trump will have a sumptuous ballroom at the White House – The madness of creamies | The press.