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The price of oil climbed; Brent reached $ 2 and 2 cents

Oil prices improved and climbed from the lowest two -month price after the US president announced that the US president has canceled the license to operate in Venezuela.

report Mehr News Agency Oil Trades Brent It reached $ 2 and 2 cents a barrel. The price of West Texas Intermediate USA rose to $ 2 and 2 cents a barrel at 2 cents, to $ 2 and 2 cents a barrel.

Both indicators on Wednesday were closed on their lowest level since December 5, due to the unexpected growth of US fuel reserves that highlighted demand and hopes for a peace agreement between Russia and Ukraine.

US President Donald Trump announced Wednesday that the former US President Joe had granted the company to work in Venezuela two years ago.

chest exports about 6,000 barrels per day of crude oil from Venezuela’s extraction operations, more than a quarter of total oil production in South America. The cancellation of this license means that the chest will no longer be able to export Venezuela crude oil.

Market participants continue to focus on Russian -Ukraine peace talks. Ukrainian President will travel to Washington on Friday to sign an agreement on rare minerals, Trump said. At the same time, the Ukrainian President said the success of the agreement depends on the negotiations and the continuation of US aid.

The US Energy Information Bureau announced Wednesday that US crude oil reserves declined unexpectedly last week as refinery increased, but gasoline reserves and distilled fuels grew against expectation.

According to Reuters, the US Bank Goldman Sachs , on Wednesday, announced in a note on Wednesday, the US Government’s two ‘s goals to infiltrate the goods and to poultry , the bank’s prediction of the bank’s oil price Is.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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