Brent crude exceeds $102 as supply concerns return

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In the futures markets, crude rose Brent 59 cents, or 0.6 percent, to $ 101.81 a barrel, by 0400 GMT, and earlier in the session, it rose above levels of $ 102, and it also rose West Texas Intermediate Crude 42 cents, or 0.4 percent, to $95.31 a barrel.

The two crude touched their highest levels in 3 weeks yesterday, Wednesday, after… Saudi Energy Minister The possibility of the OPEC + cartel, which includes the Organization of the Petroleum Exporting Countries (OPEC) and its allies, to reduce production to support prices.

As discussions continue regarding Iran nuclear deal Stalled, raising doubts about the appeal Iranian oil exports.

and in United Statethe world’s largest oil consumer announced BP company Some units of its Whiting refinery in Indiana have shut down after a short-circuit fire on Wednesday. The refinery, which operates with a capacity of 430,000 barrels per day, is a major supplier of fuel to the central United States and the city of Chicago.

And still talks between European Union The United States and Iran to revive the nuclear deal are continuing, and Iran says it has received a response from the United States to the text "Final" Drafted by the European Union to revive the nuclear deal.

Sources told OPEC He told Archyde.com that the OPEC + production cut will likely coincide with the return of Iranian oil to the market if Tehran concludes a nuclear deal with world powers.

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In the futures markets, crude rose Brent 59 cents, or 0.6 percent, to $ 101.81 a barrel, by 0400 GMT, and earlier in the session, it rose above levels of $ 102, and it also rose West Texas Intermediate Crude 42 cents, or 0.4 percent, to $95.31 a barrel.

The two crude touched their highest levels in 3 weeks yesterday, Wednesday, after… Saudi Energy Minister The possibility of the OPEC + cartel, which includes the Organization of the Petroleum Exporting Countries (OPEC) and its allies, to reduce production to support prices.

As discussions continue regarding Iran nuclear deal Stalled, raising doubts about the appeal Iranian oil exports.

and in United Statethe world’s largest oil consumer announced BP company Some units of its Whiting refinery in Indiana have shut down after a short-circuit fire on Wednesday. The refinery, which operates with a capacity of 430,000 barrels per day, is a major supplier of fuel to the central United States and the city of Chicago.

And still talks between European Union The United States and Iran to revive the nuclear agreement are continuing, and Iran says it has received a response from the United States to the “final” text drafted by the European Union to revive the nuclear agreement.

Sources told OPEC He told Archyde.com that the OPEC + production cut will likely coincide with the return of Iranian oil to the market if Tehran concludes a nuclear deal with world powers.

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