Oil prices have stabilized with the evaluation of investors of the biggest weekly rise in US stocks since January, in exchange for new US efforts to reduce oil exports from Iran. West -texas Intermediate Ru -Compulation between profits and losses before rounding $ 68 a barrel, which still rises to the third day in a row, even though the price of ‘Brent’ crude oil with September rose by 4 cents to close at $ 70.19 a barrel. “Despite the noticeable decline in imports weekly, the decline in refinement activity and continued poor exports contributed to a significant increase in crude shares.” Fines soothe the sanctions that Washington introduced on the execution of Iran, to calm some doubts about investors on Washington policy, after weeks of sudden statements by US President Donald Trump to continue to buy Iranian oil. Nevertheless, Joe Delaura, a global expert in energy affairs at “Rapopopank”, believes that the impact of sanctions on the market will be limited, unless you notice a real loss of supply size, according to “Bloomberg”. “All of this is just an overview,” Delaura said, adding, “At the end of the week, all these companies affected by the sanctions will have recorded themselves with new names and sites, and the flow of oil will continue as usual.” At the same time, the renewed attacks by the Houthis on commercial ships in the Red Sea, one of the most important oil trade corridors in the world, failed to push oil prices upwards. These attacks have so far led to the fall of at least three sailors and the dumping of two ships. Oil prices have risen during the peak of escalation between Iran and Israel, as Brent -Ruol has exceeded $ 80 a barrel, but has since fallen sharply. The market concentration has now transferred to the OPEC+production policy and development in US commercial policies, in light of the warnings of many analysts of the short -term deficit.
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