Brent Swings As Traders Parse Reports On Status Of US-Iran Talks
6 Articles
6 Articles
For the market, the decisive factor remains the balance between the progress of negotiations and the actual security of energy transport - Until there are clearer signs of de-escalation, oil prices are expected to remain sensitive to geopolitical developments
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diarioestrategia.clThe price of Brent oil, of reference in Europe, rose by 1.6% before the opening of the European Stock Exchanges, to be above 110 dollars per barrel, in the face of doubts about diplomatic advances between the United States (US) and Iran to end the war. Thus, Brent is on the way to a monthly rise of more than 10%. For its part, the price of West Texas Intermediate oil (WTI), of reference in the United States, also increased by 1.6% before the ope…
The Brent ore retreated by about $5 to $106 per barrel, amid reports of negotiations between the United States and Iran.
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