Oil prices fall with Trump's threat to India about the purchase of Russian oil

Oil prices have fallen into volatile trade, while traders took into account the latest rise in the supplies of “OPEC+”, while US President Donald Trump promised to impose sanctions on India due to the purchase of Russian oil, which reduced concerns about the exhibition. Brent -ru, October delivery dropped 1.3% to $ 68.76, and the RU -West -Texas fell by 1.5% to be close to $ 66 a barrel, after Trump’s renewed warnings to raise the fees on India due to the purchase of Russian oil. This last fluctuation came after prices reached their lowest levels in a week, after the approval of “OPEC+” to an extra increase in production with 547,000 barrels per day for the next month. “We still have this deadline before us, so Russia comes to the negotiating table for a ceasefire with Ukraine,” said Frank Moncmoon, the general trade chief of the Pavalo Bio Communes. He added that Trump’s allegation of the possibility of imposing fees on India due to the purchase of Russian oil reminds the market that this issue is still in a suspension state. “Tass reported a possible visit to Moscow, with the mention of people familiar with the plans, that US special envoy Steve Whittov is expected to visit Russia on Wednesday. Some investors, who are originally in line with Trump’s habit of threatening economic sanctions and then withdrawing after a few days of them, Implementation of any large sanctions. However, the effect of any potential procedures is still not sure. A comprehensive marine siege for the Russian coast, which is no one who takes no one seriously. In these purchases, it will push to look for alternative supplies, which will add a bullish factor to the markets. In the year, most of this increase in China was increased by important price points in the market. Terminating the voluntary cuts by raising oil production 547 thousand barrels, and the gradual return of supplies has been widely regarded in recent months as a coordinated effort by the coalition to restore the market share. end of the year will exceed, which will increase commercial shares, push the basic time differences in the market and prepare the scene for sale.