Oil prices fell to $ 92
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As US crude stockpiles increase, and on the eve of the resumption of talks between Iran and the P5 + 1 and the US envoy to revive a nuclear deal that could lead to more oil entering the market from Iran, according to Reuters. Oil prices fell in trading today.
According to the report, if an agreement is reached, more than one million Iranian oils will enter the market per day, which is one percent of the world’s oil supply. Talks resume in Vienna today.
Brent crude traded down 51 cents at $ 92.18 a barrel. The oil hit a seven-year high of $ 94 on Monday.
US crude traded down 34 cents at $ 90.98 a barrel.
The prices of both oil indices this year due to rising global demand, tensions between Russia and Ukraine, the firing of Ansarullah drones at the UAE, disruption of oil production in countries such as Libya and the gradual increase in OPEC production plus And the challenge for some members of this group to increase production has increased.
Thomas وارگا“If a nuclear deal is reached, exports (of Iranian oil) will resume quickly … but this is a big ‘if’,” says the oil market broker. “The return of Iranian oil is only a definite possibility at this stage.”
Another factor that pushed oil prices down was the eye انداز Increasing US crude oil reserves. Analysts estimate that the country’s oil reserves will increase by 700,000 barrels in the week ending February 4.
Institute report American Petroleum will be released today, one day before the official release.
According to Fars, some analysts believe that rising oil prices and rising gasoline prices in the United States and rising inflation have prompted Washington to lift sanctions on Iran, with oil market analyst John Kildoff saying: “There is speculation. “The rise in oil prices has encouraged the United States to lift sanctions on Iran and bring Iranian oil to market.”
The feeling of dominating the oil market is still increasing Bankers Brent oil is projected to reach $ 100 a barrel and global oil supply will remain low.
Analysts say crude has risen about 20 percent this year in just over a month, possibly exceeding $ 100 a barrel due to high global demand.
As the world crude oil price hovered above $ 92, US gasoline prices continued to rise, reaching a record high of $ 3.423 per gallon on Friday, September 2014, according to the American Automobile Association.
Gasoline prices in the United States have risen for the sixth consecutive week. The average domestic price on January 31 reached $ 3,366 per gallon.
To write Oil PriceThe average domestic price of gasoline in the United States last month was $ 3.288 per gallon, compared to $ 2.443 per gallon in the same period last year.
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