The price of oil will fall in the US-Iran nuclear talks


Open Sea Oil Tanker by Stockstudio via Shutterstock
Open Sea Oil Tanker by Stockstudio via Shutterstock

August WTI crude oil (CLQ25) was closed on Thursday -0.45 (-0.67%) and August RBOB gasoline (RBQ25) was closed to -0.0043 (-0.20%).

Oil prices on Thursday, after AxIos, the United States planned to launch US nuclear talks with Iran, resulting in the decline in sanctions and Iranian oil exports. Nuclear talks can also stop Israel’s new military attack on Iran. In addition, the oil markets are opening this market, expected to result in the OPEC + meeting of this Sunday, the growing production of production.

Oil prices, as well as in the Fort McMurray region, near the Great Oil Sands field in the Canadian Oil Development of Canada, a new wild fire extinguisher reminiscent of oil production during the Wildfire season.

The oil market has reduced the unemployment rate by +147,000 savings, up to 4.1% and June.

Anxiety about a global fat glud is negative for raw prices. Last Wednesday, when Russia met this Sunday, in August, it was open to another exit for OPEC + raw production. On May 31, Opec + June, the same 411,000 BPD increased in raw production for July 411,000 BPD. Saudi Arabia, in raw output, reduced similar dimension, reducing oil prices and evaluates OPEC + members such as Kazakhstan and Iraq, and reassign OPEC + members as Kazakhstan and Iraq. OPEC +, the total recovery of only 2.2 million BPD production is gradually recovered and reverse 2 years of production. OPEC + previously planned to resume production between the end of January 2025; However, production cuts will not be fully restored until September 2026. Opec production of June in June +360.000 BPD, a 1.5-year-old BPD from 28.10 million BPD.

Gasoline prices are a projection from the American Automotive Association (AAA), this fourth of 61.6 million people (June 28 – July 6, 6 July 6), a record movement, which is a sign of gasoline demand, and

The President is caused by concerns about the tariff for oil prices before July 9, which will implement the mutual tariffs from any country under a trade contract with the Rough Administration of Trump.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *