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Oil rises before a possible Trump declaration on Russia

Moreover,

Oil rises before possible trump:

petrole course oil rises before possible trumppetrole course oil rises before possible trumpLondon: Oil prices are progressing on Monday with an “important declaration” on Russia mentioned by Donald Trump. In addition, expected later during the day.


I think I will have an important declaration to make on Russia on Monday“The American president said on Friday in a telephone interview with the NBC channel. Meanwhile, without giving more details.

I am disappointed with Russia. Therefore, but we will see what will happen in the next two weeks“, He said, against the backdrop of intensification of Russian strikes on Ukraine and diplomatic impasse.

After this announcement “Oil prices have shown“And they continue to appear up on Monday. Nevertheless, because the market”expects Russia to be struck by a series of more severe sanctions limiting its ability to sell in the oil rises before possible trump world markets“Said Susannah Streeter, analyst at Hargreaves Lansdown.

Russia is one of the first three gross producers in the world. Moreover, the country is the second exporter of black gold behind Saudi Arabia, which makes the barrel very sensitive to its exports.

Around 9:15 a.m. GMT (11:15 a.m. HEC). the price of a barrel of Brent BRENT Brent or 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. from the North Sea, for delivery in September, took 0,60% has 70,78 dollars.

Its American equivalent, the barrel of West Texas Intermediate, for delivery in August, was winning 0,63% has 68,88 dollars.

The prices of black gold are increasing despite the new commercial threats of Donald Trump which notably promised during oil rises before possible trump the weekend 30% taxes on European imports.

Concerns about the demand for oil is starting to reappear“With the new customs offensive in the United States. Ang analysts say.

The International Energy Agency (IAI) also slightly revised downwards its forecast for growth in oil demand for the year 2025. which would experience its lowest increase since 2009, outside the extraordinary year of COVVID in 2020.

European gas prices have also progressed slightly since Friday. The share of Russian gas in the EU has decreased sharply since 2022 but remains substantial. “passing from 45% has 19%“According to a publication of the European Commission in May.

The term contract of the Dutch TTF. considered as the European reference of natural gas, rises by approximately 1,5%has 36,095 euros The megawatt hour (MWH).

(C) AFP

Oil rises before possible trump

Commenter Oil oil rises before possible trump rises before a possible Trump declaration on Russia

Community barrel price


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Jolie’s D.C. bureaucracy explainer turns FOIA docs into bite-size slideshows with GIF annotations.
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