World Oil Price Today March; Brent was $ 2 and 2 cents
report Mehr News Agency Reuters quoted, disrupting oil supply in the US and Russia as markets are waiting for the conditions of Ukrainian peace talks. Increased on Wednesday.
The price of oil Brent North Sea today rose 2 cents to $ 1.5 percent to $ 2 and 2 cents. Oil West Texas Intermediate USA is also traded at 2 cents, equivalent to a $ 2 % increase of $ 2 and 2 cents.
Russia has announced that oil flow through the Caspian pipeline, which is the main route of oil exports from Kazakhstan, has declined by 5 % to 5 % after Ukraine’s drone attack. This is 2 percent equal to 6,000 barrels per day.
On the other hand, the cold weather threatens US oil supply. North Dakota Pipeline Company estimates that production in the third largest US oil producer will be reduced by 5,000 barrels per day for cold.
The Trump administration announced on Tuesday that it had agreed to more talks with Russia on the end of the Ukrainian war. This peace treaty contributes to the lifting of sanctions that have disrupted the Russian oil movement.
Zionist regime and Hamas are also launching indirect talks on the second phase of the Gaza Peace Agreement.
Trump also announced on Tuesday that it plans to impose about 5 % of car imports as well as semiconductors and pharmaceutical products. These tolls raise prices for the consumer, weaken the economy, and lower the demand for fuel.
