North Sea Brent Petroleum Barrel for delivery in September rose 2.51%to $ 68.64
Prices closed this week mainly due to the growing concern of operators with the risks posed by attacks on maritime transport. “Since the break in the conflict between Israel and Iran, oil has been negotiated in a relatively narrow track [e] The ‘war prize’ disappeared quickly, “JP Morgan analysts pointed out. However,” attacks on the Red Sea merchant fleet restored a certain geopolitical prize, “they added. The Northern Sea Brent oil barrel rose $ 2,51%to $ 68.64 on Friday. In August, it increased by 2.82%to $ 66.57.
On the other hand, a bipartisan bill in the United States provides for the imposition of tariffs of about 500% on products from countries that continue to buy oil, gas or uranium from Russia. This measure “would affect China and India, which together buy about 70% of Russian supplies,” said Ipek Ozkardeskaya, an analyst at Swissquote. On Friday, the operators ignored the overhaul of the International Energy Agency (AIE) oil demand forecasts, which will grow only 700,000 daily barrels by 2025, the lowest rate since 2009, except 2020, the year of Covid-19 pandemic.
*With information from AFP
Posted by Sarah Paula
