The Persian Golfster Gas Condenensate Refinery in Bandar Abbas, Iran, on January 9, 2019.
Ali Mohammadi | Bloomberg | Getty images
The oil prices fell on Thursday from the expectations that the US and Iran will soon be able to reach a deal about the nuclear program of Tehran.
International benchmark Brent Raw futures with decline of July fell 2.36% to close to $ 64.53 per barrel, the mating of his earlier losses. Us West Texas Intermediate In the meantime, Futures closed at $ 61.62, a decrease of 2.42% for the session.
Speaking in Doha, Qatar during his journey in the middle, the US President Donald Trump said that the US was close to safety of a nuclear of the Iran with Iran.
“We are in very Serryus negotiations with Iran for long-term peace,” said Trump.
His comments eat shortly after a top adviser from the Supreme Leader from Iran NBC News told that the OPEC producer was read to sign a nuclear sign of the Certa conditions in exchange for the elimination of economic sanctions.
The prospect of a nuclear deal from the US IRAN is expected to have in-depth consequences for the oil markets.
“The nocturnal development of a nuclear possession of the is the only reason for the weakness of the morning. If an aggregation is behind, I will be added to enrich the uranium of the arms quality and the deal is effectiveley enrardored, which is hard to believe, the export of the Persian Gulf country can rise as much as 1 [million barrels per day]”Tamas Varga, an analyst at Brokerage PVM, told CNBC via e -mail.
“It sounds negative, but the impact of it may be softened by rolling Opec+ back on his plan to bring barrels back to the market faster than originally planned,” he added.
OPEC and non-Opec partners, an influential energy alliance that is known as OPEC+, you have surprised the markets by increasing the offer in recent months.
Under the leadership of Saudi Aarabia, the group agreed at the beginning of May to increase production in June by another 411,000 barrels a day. The move came a month after OPEC+ corresponded to stimulate production in May with the same amount.
Economic
Iran’s economy that you have dramatically deteriorated in the years since Trump in 2018 has withdrawn the US from the Nuclear Deal of Iran, entitled The Joint Comprehensive Plan of Action. The agreement was mediated in 2015, together with Russia, China, the EU and the UK under the Obama government to curb the nuclear activity of Iran and strictly in exchange for sanctions.
Already confronted with a few years of protests, considerably weakened currency, and in the crisis of the costs of living, the Islamic Republic was affected by the hammer report of losing his most important ally in the Middle East last year, when the Assad regime collapsed in Syria. In the meantime, the Archenemy Israel of Tehran killed the majority of the senior leadership of Hezbollah, the proxy of Iran in Lebanon.
The highest leader of Iran Ayatollah Ali Khamenei was previously Stochly against negotiations with the US, senior Butanian Iranian government officials reported the more launch to coordinate the effort to change ideas, making the decision crucial for the regime crucial.
