Iran has expressed a desire to sign a nuclear agreement with the United States in exchange for eliminating economic penalties.
Oil prices in the world have been significantly reduced against the background of information about a possible nuclear transaction between the United States and Iran. This is proven by trading data on Thursday, May 15.
So, up to 12:00 at KYIV, the cost of July Futures in the Brent Variety at the Ice Futures London Exchange fell $ 2.56 (3.96%) up to $ 63.53 per barrel.
WTI Oil Futures in June at the New York Model Exchange (NYMEX) electronic auction set $ 2.61 (4,13)%at this time, at $ 60.54 per barrel.
The day before, it was learned that Iran was ready to sign a nuclear deal with US President Donald Trump in exchange for eliminating economic penalties. This was said by the chief counselor to the high -leader of Iran Ali Shamhani. Earlier, the United States and Iran were organized.
And now Trump says Iran is close to ending a deal with the United States on a nuclear issue.
“The Iran to a certain extent is in line with the terms of the future transaction (…). They will not be able to have the owner of nuclear weapons,” Trump told Doha and added that he likes “Iran will remain a great country.”
Also, data on the unexpected increase of oil reserves in the United States contributed to the reduction of prices. According to the Ministry of Energy, commercial reserves in the states last week increased by nearly 3.5 million barrels. At the same time, analysts on average expect their reduction of 1 million barrels.
Keep in mind that Russian oil revenues remain on the edge of a two -minimum, despite exporting volumes. Four weeks before May 11, the cost of delivery is approximately $ 4.09 billion – the second lowest indicator since April 2023.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.