Gas Prices Continue to Fall, but Experts Say Iran Uncertainty Leaves Outlook Unsettled
12 Articles
12 Articles
The price of Brent oil, of reference in Europe, fell more than 1.5% before the opening of the European Stock Exchanges, up to 79.3 dollars per barrel, after Iran and the US concluded the first round of negotiations in Switzerland with "promoting advances", according to the mediating countries. Meanwhile, the price of West Texas barrel (WTI), of reference in the United States, fell almost 1.4%, to around 75.5 dollars. This situation has generated…
This Monday the Iranian Foreign Minister has assured that "significant advances" have been achieved to end the "war in Lebanon" Trump's threats and the presence of Israel in southern Lebanon are going through the beginning of the negotiation between Iran and the US in Switzerland The price of the barrel of oil Brent for delivery in August falls this Monday almost 2%, below the 79 dollars, in the face of the advance of the negotiations between th…
Wall Street ends the week in green after the U.S.-Iran deal and the Texas Oil Fed meeting drops to $75 on the U.S.-Iran dealThe Texas Intermediate Oil (WTI) started the week with a 1.10 percent drop, up to $75.76 a barrel, after Qatar and Pakistan, mediating countries, announced that U.S. and Iranian officials had agreed on a road map to reach a final deal within 60 days.
The price of oil today has lost the support of the $80. Brent, reference in Europe, plummets to $78.9 per barrel, dragged by diplomatic advances between Iran and the United States that point to a possible relief of tensions in the Strait of Ormuz. The first session of the negotiations in the Swiss complex of Bürgenstock, with Pakistan and Qatar as mediators, has concluded with “a positive and constructive atmosphere”, according to an official co…
Cooling crude oil prices temper Vietnam's oil and gas stock rally
On June 18, the United States and Iran announced that they had signed an MoU aimed at ending the conflict. The 14-point memorandum marked the beginning of a 60-day negotiation period, during which Iran agreed to allow the free passage of vessels through the Strait of Hormuz, one of the world’s most critical oil and gas shipping routes. The oil market reacted immediately to the announcement, sending crude prices sharply lower. Brent crude oil fut…
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