However,
Oil advancing, between geopolitics dollar:
Closing course: Oil prices increased Tuesday when part of the geopolitical risk premium has reintegrated the market. For example, prices being also pushed by the persistent weakness of the dollar.
Two rockets fell on Monday evening on Kirkouk airport on Monday evening in northern Iraq. In addition, a security services official told AFP during an attack that was not claimed.
A few hours later. However, Tuesday morning, another source of the security services told AFP that the anti-aircraft defense system had pushed at least one drone near an oil refinery in the province of Salaheddine.
“It made a little noise“On the market, explains Mizuho USA to AFP Robert Yawger.
“We were used to a rather comfortable situation“At the geopolitical level from the ceasefire between Iran. Nevertheless, oil advancing, between geopolitics dollar Israel,”Even if I don’t think it’s a serious concern“He adds.
The price of a barrel of Brent BRENT Brent. crude northern sea, is a variation of crude oil acting as a reference in Europe, listed on the intercontinentalelexchange (ICE), a stock market specialized in energy trading. It has become the first international standard for setting oil prices. of the North Sea. for delivery in September, of which it is the first day of use as a reference contract, has progressed by 0,55% has 67,11 dollars.
Its American equivalent. the barrel of West Texas Intermediate (WTI WTI The West Texas Intermediate (WTI), also called Texas Light Sweet, is a variation of crude oil acting as standard in the fixing of crude price and as a raw material for oil contracts with the Nymex (New York Mercantile Exchange), the bursa specializing in energy.), for delivery in August, oil advancing, between geopolitics dollar won 0,52%has 65,45 dollars.
In parallel. the dollar signed in the first half of 2025 its worst beginning of the year for more than half a century, the confidence of investors deteriorating since the return to the White House of Donald Trump.
By referring to the dollar index. which compares the American motto to a basket of other large currencies, the greenback has lost 10,8% over the first six months of the year.
A weak greenback is “likely to increase crude oil prices“Comments Mr. Yawger.
Black gold being denominated in the American currency, it therefore becomes technically cheaper for other countries when the greenback drops.
Moreover. “The market is largely in expectation“From the decision of eight member countries of the organization of oil exporting countries and its allies (OPEC+) which have enhanced their barrel production quotas since April, explains Arne Lohmann Rasmussen, analyst at Global Risk Management.
Investors expect an oil advancing, between geopolitics dollar announcement of 411. 000 barrels Daily for the month of August, repeating the increases for the months of May, June and July, about three times higher than the initial production plan established last December.
(C) AFP
Oil advancing, between geopolitics dollar
Commenter Oil is advancing, between geopolitics and dollar weakness
Community barrel price
(function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(d.getElementById(id))return;js=d.createElement(s);js.id=id;js.async=true;js.src=”https://connect.facebook.net/fr_FR/sdk.js#xfbml=1&version=v6.0&appId=1648093328781320″;fjs.parentNode.insertBefore(js,fjs);}(document,’script’,’facebook-jssdk’));
Further reading: Here’s how to save € 1,500 per year, without depriving yourself! – The sickness funds fear an explosion of costs due to anti -obesity drugs – RTS.CH – Rail interview: Swiss innovation signed Scheuchzer – NATO summit | Anand wonders about the calendar to increase defense expenses – USA -The values to follow at Wall Street (updated) – 06/23/2025 at 15:20.
