Oil prices are rising in a state of uncertainty over supplies

The uncertainty about RU supplies of Russia, Kazakhstan and “OPEC+” forced oil prices to rise. Brent ruol raised the April delivery by 0.3% to vest at $ 76.04, while the West Texas West medium rose above $ 72 a barrel, which expanded the profits to the highest closing price in a week. A series of concerns about raw supply from across the Atlantic leads this height, with a large technical level offering a floor for losses. The OPEC+Alliance is studying the postponement of planned production and will begin in April. In the case of this matter, this is the fourth time the coalition has postponed a part of the limited production on the market. In addition to the possibilities to reduce supplies, up to 30% of oil exports from the main Kazakhi pipeline to the Black Sea, after a Ukrainian aircraft attacked a pumping station in Russia. The seven group also studies the tightening of the price ceiling on Russian rough exports, which can further suppress the supplies. Even with recent profits, swing prices in the $ 5 this month, with a decrease in the scope of tacit volatility to the lowest level since July. Kurdistan Kurdistan oil exceeded 80 dollars earlier this year due to cold weather and the more difficult sanctions, to land after the markets were shaken by Trump’s threats to customs duties. The prevention of the average move for 100 days at about $ 71.43 per barrel of crude prices to fall. Scott Shelton, the energy specialist in the ‘TBI Cap’ group, described the market as ‘stagnant and not in any direction’. Traders monitor a possible return to hundreds of thousands of barrels a day of raw rough in Iraqi Kurdistan, but Turkey – the port of the port from which the supplies will be sent in the end – indicated that no Iraq decision had received it regarding the return of the flow. Elsewhere, Trump said that Chevron’s ability to continue to review crude oil from Venezuela, which confirms the ongoing tensions between the two countries that can extend to energy. Razan Hilal, a market analyst in “Forex.com”, said “oil hedge demand is being followed up again. Traders are preparing for unconfirmed consequences caused by a mixture of sanctions, rates and geopolitical instability,” said Razan Hilal, a market analyst on forex.com.