Oil Price 2 March; Brent was $ 75 and 82 cents
report Mehr Reporter Price Oil in the Asian Market Trading Thursday, following the release of US oil reserves and ‘s worries about Trump’s tariffs withdrew from yesterday’s growth and declined.
The price of oil trading Brent fell by 2 cents, equivalent to 2.9 percent, to $ 2 and 2 cents a barrel. The price of West Texas Intermediate USA decreased by 2 cents to $ 1.5 percent, to $ 2 and 2 cents a barrel. The March US oil deal expires on Thursday, and the April contract declined by 2.9 percent to $ 2 and 2 cents.
In addition to the higher oil reserves in the US, tariffs imported by the Trump administration could reduce oil prices by rising prices for consumer goods, weakening the global economy and reducing fuel demand. worries about European and China demand was another factor that prevented oil prices rise.
Back Shieldrop , a senior commodity analyst at the Bank of “ SIB ” is natural to worry about the prospect of the global economy, because Donald Trump with Signals about 5 % tariffs on car imports into the US, and the current free -trade universal trade structure kills and destroys it.
In the Middle East, the Zionist and Hamas regime will begin indirect talks on the second phase of the Gaza cease -fire agreement, which can affect oil prices by reducing the risk of supply.
, however, concerns over other oil supply currents have restricted the rise in oil prices. Russia announced that the Caspian Consortium Consortium, which is the main route of crude oil exports from Kazakhstan, fell by 5 % to 5 % on Tuesday after the Ukrainian UAV attack on a pumping station. Reuters’ calculations show that the 5 % decrease is equivalent to the loss of 6,000 barrels per day.
Market resources, citing statistics from the American Petroleum Institute on Wednesday, said US oil reserves rose 3.5 million barrels last week. US gasoline reserves grew by 3.5 million barrels, and the distilled fuel reserves fell by 3.5 million barrels. Official data on US oil and hard reserves will be released on Thursday by the US Energy Information Office (EIA). Both reports will be released with one -day delay due to Monday’s holidays.
Reuters reports that analysts predict that about 1.5 million barrels of crude oil have been added to US reserves in the week ending February 9. If this prediction is true, it is the first of April to add crude oil to the reserves for four consecutive weeks.
