Oil prices established in the midst of a focus at the end of the Ukraine War

Oil prices stabilized after an early fall, amid the focus of the market at the end of the war in Ukraine, and the reduction of the United States credit rating. Brent ruol fell by 1.1% to fall below $ 65 a barrel before recovering at a later time, while the ‘West Texas’ -Ru -Rew near the $ 62 level. probably not that it could be. Meanwhile, Moody’s credit rating agency withdrew the highest ranking of the US government on Friday, which contributed to concerns about global growth prospects. This reduction, which has come late compared to other major classification agencies, becomes an increasing concern in Wall Street, and is added to the anxiety of Wall Street over the US sovereign bond market and the slowdown in the economy. Over the past two weeks, oil prices have recovered due to the growing state of uncertainty about the progress in the US syranic talks, and to the Israeli strikes on the Houthi -controlled areas in Yemen, that need the promises to respond. Despite this apostasy, since the beginning of the year, oil futures have been declining by more than 10%, in light of the threats of Trump’s trade war to global demand, as well as the return of “OPEC+” production to a market that is expected to have a surplus in the offer within a later period.